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Established Dry Cleaning Business with Low Overhead

Dry CleanerFor sale in Spring, TexasEst. 20001 employee
Established Dry Cleaning Business with Low Overhead
Photos on request

$79,000

For Sale
Asking price
  • Training included

    The seller will help you get up to speed after closing.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

Established alteration and dry cleaning drop store in Spring, TX with low overhead since dry cleaning is outsourced. Located in a busy strip center surrounded by residential neighborhoods, this business has been serving the community since 2000. Includes all necessary sewing machines and equipment for alterations.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$79,000
  • Annual Revenue$93,000
  • SDE$62,000
1.3×
Price to SDE
0.8×
Price to revenue
67%
SDE margin
Approx. Inventory Value
$500
Approximate FF&E
$12,000

Details

2000
Established · 26 yrs
1
Employees
Dry Cleaner
Business type
Leased
Premises

Financing & transition

Training after the sale
Included
Cost
Free
Duration
4 weeks

Property & lease

Premises
Leased
Rent (monthly)
$1,840
Lease Expiration
Jun 30, 2024

Where it is · Spring, Texas

Somewhere in Spring, Texas. The exact address is not on this listing.

Somewhere in Spring, Texas

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