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Quick Facts
Asking Price: | $60,000 | |
Annual Revenue: | $120,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $34,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 1 | |
BBN Listing #: | 871144107 | |
Broker Reference #: | 76931-236893 |
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Business Overview:
This Dry-Cleaning Drop Store is an excellent opportunity for an existing Dry Cleaning operation looking to increase its revenue via a strategic acquisition to significantly increase an existing business's operations, lower cost per unit, and increase company profits. Store specializes in offering both dry cleaning and alterations services.
Revenues have been steady in the last three years, with the exception of 2020 (Pandemic Year) which affected most businesses. With more and more people going back to work business we can expect to grow even more.
Loyal customers since opening in 2018.
Excellent location in a strip center surrounded by many businesses and neighborhoods. The business itself is situated off a busy main road where the store is easily visible and accessible.
Since March of 2021 this drop store has been averaging sales of nearly $10,000.00 a month and can be easily increased with more delivery and some marketing.
In a high-demand dry cleaning market, don’t delay calling to get hold of this opportunity.
This business opened 4 years ago in an excellent location and in an established strip shopping center with high visibility from a busy Main Street. This business is located in a corner end of the shopping center with plenty of parking spaces and a drive-in window. Business has been attracting a recurrent clientele for some years, except for the 2020 year but it’s gotten already to its 2019 levels. On only one employee/manager, business has managed to keep fixed costs to a minimum. Store has an agreement with a dry cleaner with full cleaning operation to clean its clients’ clothes in a fast and professional way for a portion of the charged price to customers, also provides clothes alteration jobs. The business owns three professional sewing machine stations for alteration jobs. Owner does not market the business on social media or any other media. Owner will be retiring after selling the business and is offering two weeks of training at no cost..
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Reason for Selling:
Retirement
Additional Details:
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