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- RE: Profitable Dry Cleaning - Est. 23 Years
- Contact: Charles Patawaran
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $650,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $225,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $80,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 9 | |
BBN Listing #: | 986098 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established in 2001 and acquired by the current owner in January 2018, Phoenix Cleaners is a reputable and well-established dry-cleaning business located in a prime area of Friendswood, Texas. With over two decades of service, this business has built a strong customer base, providing high-quality garment care and excellent customer service.
This turnkey operation has built a solid reputation for quality service, reliability, and customer satisfaction over the years. With a strong and loyal customer base, this business provides a range of services, including dry cleaning, laundry, alterations, and specialty garment care. This is a rare opportunity to acquire a profitable and well-established dry-cleaning business with a proven track record. The current owner is willing to provide training to ensure a smooth transition.
Asking price is $700,000 includes furniture, fixtures, equipment and inventory. This may be approved for SBA financing at 10.00% Down.
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Property Features and Assets:
Dry Cleaning Machines, pressing equipment, conveyor systems, spotting tables, garment assembly equipment, boiler, and point of sale system.
Market Competition and Expansion:
Friendswood, a suburban community within the Houston metropolitan area, is characterized by a growing population and middle to upper-middle-class demographics. The demand for dry cleaning services primarily comes from local residents, nearby businesses, and professionals who require regular garment care for work attire.
To support business expansion, focusing on pickup and delivery services can better serve busy families and professionals. Establishing partnerships with local offices and residential complexes may also enhance customer acquisition. Additionally, boosting digital marketing efforts—such as building a website and creating social media pages—can broaden the customer base beyond word-of-mouth referrals.
Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
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- Find a business broker
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