Listing Number: 76931-706897
Description
*THIS BUSINESS IS LOCATED IN BEAUMONT, TX.*
Don’t miss out on an opportunity to acquire this amazing dry cleaners located in Beaumont! The owner has owned this business for over 22 years and is ready to sell to relocate his family back to Houston. Included in this sale is a spacious dry clean plant with equipment in immaculate condition and a dry clean drop station that is located in an affluent part of town.
If you’re looking for a SOLID business that can generate discretionary earnings of well over six figures, this is a great opportunity! There is still plenty of growth opportunity for an ambitious new owner by adding routes, additional drop stores or focusing on other many services that a dry clean facility owner can offer.
COVID-19 affected many businesses and industries in 2020 including dry cleaners, but on a positive note this business has bounced back to pre-COVID levels generating seller’s discretionary earnings of over $200,000 in 2022. 2023 is looking promising and seller’s project 2023 to be better than 2022. This business has proven it can survive and thrive, even through recessions and unforeseen events like the pandemic. Everyone likes to wear clean and neat clothes, however, doing laundry regularly isn’t an enjoyable task for most consumers. Due to the busy lifestyles, consumers are going to actively continue to bring their dirty garments to the cleaners. Dry-cleaning and laundry is here to stay!
This is a package deal and the owner is selling both the real estate and the business together.
Listing Details
- Price: $1,150,000
- Down Payment: $500,000
- Sellers Discretionary Earnings: $230,805
- Total Sales: $751,797
- Location: Jefferson County, Texas
- Inventory: $0
- FF&E: $300,000
- Employees: 16
- Year Established: 1999
- Reason for Selling: Relocating
- Category: Cleaning/Clothing
