Profitable Dry Cleaning Business and Real Estate
Asking Price: | $1,650,000 |
Established Year: | 2004 |
Real Estate: | $1,200,000 |
Midland-Odessa MSA
The EngVest Group is excited to offer an exceptional investment opportunity to acquire both the business and fee-simple interest in a freestanding, drive-thru Dry Cleaner in Midland-Odessa MSA. This asset provides investors and owner-users with a chance to secure a cash-flowing business with over 20 years of successful operation at this location. The Dry Cleaning Business is a full-service dry cleaning and laundry business that features the added convenience of a drive-thru service.
Positioned along a high-traffic retail corridor, the property benefits from excellent visibility at a signalized intersection in Midland, TX, which experiences over 46,600 vehicles per day. The property is well-maintained, offering ample parking and a modern, attractive facade that creates a welcoming environment for customers.
Midland is a rapidly growing community with a robust economic base, including a thriving oil and gas sector. The Dry Clean Super Center is strategically located near apartment buildings, residential neighborhoods, schools, and major national retailers, ensuring a steady flow of foot traffic. Nearby retailers include Walmart, Target, H-E-B, Home Depot, and United Supermarkets. This property represents a unique opportunity to acquire a prime commercial business and real estate with a well-established tenant in a prosperous and expanding market.
Investment Highlights
• Over 20 Years of Success at this Freestanding Dry Cleaner and Drive-Thru Opportunity – Includes Business and Real Estate
• Strong Affluent Customer Base – Population of 111,434 People in 5-Mile Trade Area with an Average Household Income of $116,953
• 4,415+ Apartment Units in a 1-Mile Radius from the Subject Property
• Subject Property is Minutes Away from Midland College, a prominent community college with over 5,400 enrolled students and 800+ employees. Midland College makes up 704,752 SF and has a 224-acre campus.
• High-Visibility Location Near a Strong Signalized Intersection in Midland, TX that sees over 46,600+ VPD.
• Other neighboring retailers include Walmart, Target, H-E-B, Home Depot, Lowe’s, Kohls, United Supermarkets, Prosperity Bank, AutoZone, O’Reilly’s Auto Parts, Take 5 Oil Change, WingStop, McAlister’s Deli, Bush’s Chicken, and many more