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TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF. #76931-307716 Excellent opportunity to buy a profitable dry cleaner located in Baytown, Texas. This sale includes a fully equipped dry cleaning plant as well as a high-volume drop store located nearby. Both dry cleaning locations are well-known in the area for quality work and great customer service. Business has also been named the area’s best dry cleaner multiple times. This is a family-owned business that was established in 1999. The current owners are the second owners and have owned this business for over 20 years. The plant is equipped with a widely-used dry clean machine, a Union HL 860. This machine uses the more environmentally friendly solvent, hydrocarbon. The 25 HP Fulton boiler is in excellent condition and is less than 10-years-old. All other equipment in the store is in great shape and has been well-maintained. Although all businesses took a hit in 2020 due to the COVID-19 pandemic, this dry cleaning operation has bounced back quite nicely with both store sales continuing to trend upwards. Average revenues for the combined locations for the past few months have been in the range of $60K a month. One of the owners is involved in the day-to-day operations of the business, however, his role is mainly to supervise and help on rare occasions. Business does have the potential to be positioned as a semi-absentee operation if the new buyer desires. As an owner-operator, a new buyer can earn well over $250,000.00 a year with this business. Putting this business at a rate of return on investment at close to 2 years. If a buyer wishes to operate the business in a semi-absentee capacity, this business still has an excellent investment opportunity. The success of this business was driven purely by good customer service and quality. There is ample room for growth for the ambitious new owner. Expansion opportunities exist, such as offering additional services such as routes for pick-up and delivery, wash and fold, leather cleaning, shoe repair, and more. If you're looking for an opportunity to get into the dry clean business or just looking to expand your current dry clean operations, this is a great opportunity for you! At this price and the high profits, this listing will sell quickly. Location: Harris County, Texas Year Established: 1999 Number of Employees: 13
Listed: Apr 18, 2022
Updated: 12 hours ago
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