Dry Cleaning Business with Real Estate in Prime - Business for Sale
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Dry Cleaning Business with Real Estate in Houston, TX
Houston, TX, US
Added 2 months ago
Dry Cleaning Business
16 years in business
Retiring Owner
A dry cleaning business with its own real estate is offered for sale in central Houston, operating at the same location for over 16 years and including a tenant-occupied restaurant space.
Key Information
Asking
$300K
Revenue
$308K
Earnings
$131K
Multiple
2.3x
Key Highlights
- Dry cleaning business established in 2009, operating for over 16 years at the same location in central Houston.
- Approximately $600,000 invested in furniture, fixtures, and equipment (FF&E), plus $200,000 in leasehold improvements.
- Property includes 16,606 sq ft of land and a 5,485 sq ft building; 4,000 sq ft occupied by the dry cleaning business, 1,485 sq ft leased to a franchise restaurant tenant through November 2028.
- Estimated annual net rent for the property is approximately $180,096.
Contact Info
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