Profitable Dry Cleaning - Est. 23 years in Prime Friendswood Location!

listing image
Asking Price:$650,000
Gross Revenue:$650,000
Rent:$6,500/Month
Established Year:2001
Cash Flow:$225,000
Inventory:$3,000
FF&E:$80,000
BUSINESS DESCRIPTION

Profitable Dry Cleaning Major Growth Potential. Est. 23 Years

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.


ATTACHED DOCUMENTS
Dry Clean Flyer (1) (1).pdf.pdf Download

DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,820
Lease Expiration
06/01/2028
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Dry Cleaning Machines, pressing equipment, conveyor systems, spotting tables, garment assembly equipment, boiler, and point of sale system.
Competition
Friendswood is a suburban community located in the Houston metropolitan area, known for its growing population and middle to upper-middle-class residents. The demand for dry cleaning services generally stems from local residents, nearby businesses, and professionals who require regular garment care for work attire.
Growth & Expansion
To expand pickup and delivery services, offering convenient home and office pickup and delivery services can cater to busy professionals and families. Partnering with local offices and residential complexes could boost customer acquisition. Digital presence and marketing including developing social media pages and websites as currently most of the business has come from word-of-mouth referrals.
Financing
SBA Financing
Support & Training
Seller has agreed to provide up to 30 days of training and support for the new owner.
Reason for Selling
Seller has been in business for so long and is pass retirement age.
Report an Issue with this listing
profile-img
Charles
Patawaran
logo-img
Charles Patawaran