Services - Drycleaning/Laundry | Services - Other Personal Services

Asking Price	$505,000	Inventory	$5,000*
Gross Income	$511,932	Real Estate
Cash Flow	$157,089	Year Established	1938
FF&E	$300,000*	Employees	8

* included in the asking price

** not included in the asking price

Great business for sale

Established 70 years ago, this cleaners is a Houston landmark! Full service cleaners performs Dry Cleaning, Laundry, Flat Work, Alterations, and Leather cleaning for household items & garments. Equipment to process large sheets. The company has a long history of focusing on high quality work & personalized customer service. Has some 3rd generation customers. The company has 2 route drivers/salesmen who provide approx. 50% of revenue, other 50% is over front counter. Sales area encompasses River Oaks, Heights, & other upscale neighborhoolds. One route services Sugarland weekly. Company located in attractive, well-equipped stand-alone building off major thoroughfare. Company provides charge accounts to qualified customers. Owner will train new buyer. Please refer to CBB Listing #6768FS/PS

Facilities: 5,500SF facility on 10,000SF of land.

Growth/Expansion: Company currently does no advertising - advertise. Solicit new commercial accounts, churches, doctors, etc. Establish pick-up stations.

Financing: Seller financing available.

Reason Selling: Owner wishes to retire and possibly pursue other business interests w/son.