Commercial Property on FM 529 includes Dry Cleaners and Car Wash!!

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Asking Price:
$1,790,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$202,940
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

TSI Business Brokers is proud to offer this amazing investment opportunity that includes a retail shopping center, a car wash and a successful dry cleaners.

This property's location has high visibility with 40,000+ vehicles per day on FM 529. Directly across from this property is a Wal-Mart Supercenter that is very busy.

Car wash was built in 2002 and has 10 car wash bays and 12 vacuum bays. Retail strip center was built in 2005 and has two spaces. One space is rented out to a Nail Salon. Second space is a profitable dry cleaners which is owned and ran by the sellers.

Both the dry cleaners and car wash is included with this property in the sale.

**Property alone was appraised at $1,400,000 in 2005.

There is tremendous growth potential for the existing businesses here or even re-development opportunities!! Excellent location!!

**Please print NDA, sign and then scan and email to quoc.pham22@gmail.com
**After the NDA is received I will provide more detailed financial information as well as a 3-D virtual tour and additional pictures.

About the Business

Location:
Houston, Texas
Year Established:
2002
Real Estate:
Owned
Building Sq. Ft.:
60,505
Facilities:
-Property's total square footage is 60,505 square feet. (1.39 Acres) Car wash is 3,760 square feet and the retail strip center including the nail salon and dry cleaners is 4,060 square feet.
Growth & Expansion:
Huge opportunity to increase revenue with marketing efforts for dry cleaners and car wash. The dry cleaner has lots of potential to increase business by adding drop stores , routes, and a social media presence although it is already doing well. Converting a couple of the car wash self-serve bays to automatic will create strong revenue increases.

**With this property being located at a prime location with high traffic visibility this could also be a great property to redevelop**
Contact the Seller

About the Sale

Reason For Selling:
Sellers are ready to retire.
Training/Support:
Sellers willing to train for up to 30 days to make sure for a smooth transition.

Listing Info

ID:
1529168
Ad Detail Views:
1137

Attached Files Attachment Disclaimer

  BLANK NDA (92 KB)
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Business Listed by

Quoc Pham

TSI Business Brokers
License# 642407

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U.S. Census Data for Fort Bend and Harris Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.