Business For Sale

High Volume Growing Pick-up Station #000647

Not Disclosed, TX
Rockwall County

Northeast Dalls

Asking Price: Annual Revenue:
$135,000 $223,097

Services: Dry Cleaning & Laundry

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RE: High Volume Growing Pick-up Station #000647 Broker: Kevin Chung
License #: 567204

Quick Facts

Asking Price: $135,000
Annual Revenue: $223,097
Net Profit: Not Disclosed
Cash Flow: $61,406
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 258419188
Broker Reference #: 000647

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Business Overview:

Prime location high volume and still growing pick up station is available for acquisition. This business was established in August 2015 by current owner and spent $70,000 to build the space from ground up. Competition is expected for this industry and there is one located in the shopping center nearby, but it has not affected sales at all. Majority of the customers are high income upper class families that come from over 3,000 houses in the surrounding neighborhood. This business is located in the entrance that leads to an established heavily populated neighborhood and across a newer community right next to a heavy traffic roadway in the neighborhood. The sales have been steadily increasing since the establishment. In 2016, net sales were $175,000 and grew to $185,000 in 2017 and projected to do $196,000 in 2018. Besides the business website, traditional marketing, such as direct mail and door hangers, had been done in the first year of the business and none after. Most of customers are return customers and approximately 450 new customers have been coming each year. Since the establishment of the business, there had been many new houses built and proactive marketing would significantly grow the overall sales. There are other ways to increase sales such as offering pick up and drop off service and move involvement by the owner to upcharge more as the employees are reluctant to do so. There are many services this business provides that range from dry cleaning, alterations, 24 hour drop off, same day service, and various articles of clothing. This business is consistently growing and a great opportunity for buyers who already own a plant and for those who just want to operate as a pick up station.

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Property Features and Assets:

This business is located in a 1,000 Square Feet retail strip that is next to a road with heavy traffic and is placed in the entrance that leads to a heavily populated neighborhood and across from newly built community. All equipment is in impeccable condition and in working order as it's well maintained. / Inventory: $4,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: There is one in the immediate area in the shopping center, but it has not affected this business at all. The sales has rather increased year over year. This business is located in a much better location. / Growth and Expansion: No marketing has been done since the first year of the establishment, but proactive marketing, especially direct marketing, may be necessary to further grow the overall sales.

Reason for Selling:

Other business opportunities.

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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