Dry Cleaning Business for Sale - Business for Sale

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Dry Cleaning Business in Texas

TX, US
Added 1 day ago
Dry Cleaning and Laundry Services
16 years in business
Absentee / Semi-AbsenteeRetiring Owner

This is a well-established dry cleaning business in Texas offering dry cleaning, laundry, alterations, and specialty cleaning services from a retail center location.

Key Information

Asking

$650K

Revenue

$594K

Earnings

$240K

Multiple

2.7x

Key Highlights

  • Years established: 16 (since 2010)
  • Number of employees: 6 full-time
  • Furniture, fixtures & equipment valued at $100,000 (included in price)
  • Inventory valued at $7,000 (included in price)
  • Business operates from a 3,000 sq ft space with a 700 sq ft upstairs in a retail center
  • Primary customer base: retail customers from surrounding residential communities
  • Financing: 100% cash at closing, or 15โ€“20% cash down with remaining financed through SBA loan (subject to qualification)
  • Seller will provide two weeks of full-time, on-site training, plus an additional week as needed
  • Reason for sale: retirement

Contact Info

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