Multi-location Dry Cleaners for Sale

Kansas City, MO
Jackson County


Asking Price: Annual Revenue:
$199,000 $425,000

Services: Dry Cleaning & Laundry


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RE: Multi-location Dry Cleaners for Sale Broker: Roy Huffman
Owner Financing is Available!
Seller would consider small amount of financing if required to complete the purchase for a qualified buyer.

Quick Facts

Asking Price: $199,000
Annual Revenue: $425,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 12
BBN Listing #: 49002743
Broker Reference #: 12-228

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Business Overview:

Growing dry cleaning business with three good locations in Jackson County suburbs. Minimal competition; offers excellent price points for customers. Good quality provided by experienced personnel. This cleaner operates its own shirt laundry giving it an additional competitive advantage. New hydrocarbon cleaning machine is state of the art and exceeds all EPA regulations going forward. New owner can be more aggressive with advertising and promotion, emphasizing affordability of the product offered.

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Property Features and Assets:

Three locations in two cities, good shopping center locations, good visibility, plenty of parking. All three stores reasonably close together making it easy for the central plant (located at one of the shopping centers) to service the outlying stores as well as several wholesale accounts.

Market Competition and Expansion:

There are other competitors in the dry cleaning category, but this cleaner enjoys two key advantages which can be further exploited by a new owner. We’ll need to discuss them to explain why they make this operation superior. You’ll see why a new owner can further penetrate the market with more aggressive marketing and positioning. The owner suggests that a modest increase in advertising will increase revenues. The business model of this operation allows it to be aggressive on pricing and special seasonal and other promotions. There also is an easy entry into the home and office delivery business. The company already has a vehicle in place for delivery as it already services its wholesale accounts. A relatively new way to grow dry cleaning business is through offering busy customers a wash and fold service for their “non-iron” garments and household goods. Affluent and other busy customers will take advantage of this service. It is a win-win for the owner since it generates additional high profit margin revenue as well as keeps counter staff busy and earning money for the business.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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