Business Overview:
This is a well established, independantly owned dry cleaning and laundry business that has operated successfully in West Tennessee for over fifty years. The business has a leased, fully equipped 12,500 square foot plant and office headquarters, ten leased drop-off locations, and three home pick-up and delivery routes. There are 75 employees with low turn-over rate. The plant uses petroleum based cleaning products. The business has a strong customer base of over 9,000 customers and prides itself on the high quality of its service and attention to individual customers. The plant is conveniently located near its equipment supplier which is advantageous from a cost and customer service standpoint. There is ample opportunity for growth given the large market and surplus capacity in the plant.
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Property Features and Assets:
The business has a leased, fully equipped 12,500 sq. ft. plant and office headquarters, ten leased drop-off locations, and three home pick-up and delivery routes.
Market Competition and Expansion:
The business has a strong customer base of over 9,000 customers and prides itself on the high quality of its service and attention to individual customers. Plant and headquarters office has 12,500 sq. ft. and operates one shift per day, Monday through Friday. The existing shift can handle more volume and additional shifts could be added.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: