Brand New Dry Cleaning Pickup Station

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$20,000 Not Disclosed

Services: Dry Cleaning & Laundry

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RE: Brand New Dry Cleaning Pickup Station Broker: Moon Kim

Quick Facts

Asking Price: $20,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 2
BBN Listing #: 732419188
Broker Reference #: 000961

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Business Overview:

Prime location full-service dry cleaning pick-up station in a turnkey situation is available for acquisition. This brand new pick-up station in North Dallas was established by the current owner in 2019 in a premier retail strip center which was newly built in late 2017. This business in a 1,021 Square Feet space of upscale retail center is located next to an intersection with heavy traffic and nearby densely populated residential area and numerous retail businesses that attract a number of people to the area. This dry cleaning pick-up offers full service dry cleaning and laundry services as well as wash & fold, pressing service, alteration and leather cleaning service in which all of the work is done on the premise. Most of the customers are upper-class individuals in all age groups that live in the surrounding densely populated high income residential neighborhoods. Few competitors are within the immediate market area, but this pickup station is located in a prime location with great visibility from the major street and has easy access to the store for customers compared to other competitors. Gross sales have been upward since its inception without any pro-active marketing. No pro-active marketing has been started yet by current owner, and pro-active marketing in various methods and the acquisition of new customers from untapped areas of the city are crucial to further growth of this business. There are many ways to proactively market this business such as direct mailing, bundle deals, flyers, social media outlets, limo service, listing the business on Google and launching a business website. Although there are many ways to proactively market this pick-up station, particularly online-based marketing such as social media outlets, email marketing, web-based advertisements, and implementing online app service is another way to bring new set of customers and will contribute to continued success the business. Setting up the home pickup and delivery cleaning service also will help to increase the cash flow of this business. This business has great potential because the city where the business is located still have a plenty of rooms to grow with a demographic that has a large amount of disposable income which can boost the revenue by doing a proactive marketing. A potential buyer must put a lot of effort into promoting the business to increase its exposure to local customers as this brand new location has been only open for less than a year.

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Property Features and Assets:

This business is located in a 1,021 Square Feet of upscale retail strip center in an area of heavy business activities and is next to busy intersection surrounded by densely populated residential neighborhoods in fast growing city. Major equipment is a brand new less than year old and in perfect working condition. / Inventory: $200 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors were found within the immediate market area, this business is optimally placed next to busy intersection surrounded by enormous retail presence and densely populated affluent residential area with great visibility than other competitors. Growth and Expansion: There is currently no single pro-active marketing being done, and the business needs a full scale of marketing which includes online and offline marketing to increase the awareness of this location to public and untapped local customers.

Reason for Selling:

The owner went back to corporate world.

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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