Established Dry Cleaners in Kingwood!! Semi-Absentee

Kingwood, TX (Harris County)

Seller Financing Available
Established Dry Cleaners in Kingwood!! Semi-Absentee
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Asking Price: $299,000

Cash Flow: $131,192

Gross Revenue: $372,000

EBITDA: N/A

FF&E: $20,000

Inventory: $1,000

Rent: $4,978 /Month

Established: 1999

Established Dry Cleaners in Kingwood!! Semi-Absentee

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Business Description

**Semi-Absentee business** Owner is not relied upon for day-to-day operations.

This dry cleaners has been in Kingwood for over 20 years. It is situated right in the heart of Kingwood, a well-developed area with high household incomes and higher home values.

This operation is for an owner-operator OR a semi-absentee owner. Profit will be higher if an owner wanted to replace an employee.

The plant averages about $27,000 in monthly revenue with about $22-$24k of that being credit cards. There is also another wholesale contract that this plant services that brings in an additional $4k a month, average.

**Seller is willing to finance up to $50,000 for qualified buyers.

Detailed Information

Location:
Kingwood, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Plant has equipment in good working condition. There is one Columbia Hydrocarbon dry clean machines, a Sankosha rotary shirt unit, 2 Ajax cuff cuff/collar, One unimac washer, A William and Davis boiler in good condition, 1 unipress double legger, 1 unipress double topper, 1 dry clean pant press, 1 utility press and much more
Growth & Expansion:
Opportunities to grow include adding additional drop stores. Mail out flyers to the surrounding community. Start a strong online presence with social media. Start pick up and delivery routes!
Financing:
50000.00
Support & Training:
2 weeks
Reason for Selling:
other interests
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Quoc Pham

Business Listed By:
Quoc Pham

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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