Dry Cleaning Drop Store Near Conroe

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Asking Price:
$35,000

Gross Revenue:
$90,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$100
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

We have a dry clean drop store for sale located in Willis Texas on the edge of Montgomery and Conroe. This drop store has been in the same location for over 15 years. Revenues at this store used to be $15k+ monthly but due to previous owners changing the same day service option, half the clientele left. Prior owners also kept changing the opening and closing times due to shortage of staff.

The current new owner bought this store May 2018 and has added same day service back and also fixed the opening and closing time back to normal dry cleaner hours. Revenue currently is between $7k-$8k monthly. Rent is only $1200 including NNN for the next 4.5 years. This is a very good rate!! It is currently profitable.

Current owners gutted the whole store and fully renovated this location in May 2018. Fresh new paint, fresh new tiles and a brand new restroom. Owners also added dry clean pro pos system and an automated conveyor.

There is lots of opportunity to grow this store especially with routes. Surrounding neighborhoods like Bentwater have median house values at $379,000.

About the Business

Location:
Harris County, Texas
Year Established:
2003
Number of Employees:
2
Facilities:
At one point this location use to be much busier. At one point this store generated an average of $15k gross revenue monthly. Due to bad management and changes from previous owner, revenue started declining.
Market Outlook/
Competition:
This is the only dry cleaners in the area, zero competition. Nearest competition is about 15 minutes away.
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About the Sale

Reason For Selling:
other interests

Listing Info

ID:
1633529
Ad Detail Views:
0

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Business Listed by

Quoc Pham

Transworld Business Advisors
License# 642407

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors


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