Dry Cleaning Plant/2 Drop Stores/ Airport Contract

Bedford, TX
Tarrant County

Mid Cities HEB Tarrant County


Asking Price: Annual Revenue:
$575,000 $547,035

Services: Dry Cleaning & Laundry


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RE: Dry Cleaning Plant/2 Drop Stores/ Airport Contract Broker: George Albright

Quick Facts

Asking Price: $575,000
Annual Revenue: $547,035
Net Profit: Not Disclosed
Cash Flow: $169,872
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 12
BBN Listing #: 676452154
Broker Reference #: 49071-699082

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Business Overview:

Full service dry cleaning and laundry business including alteration and custom embroidery business for complete one-stop service for DFW local customers. Main store has 24 Hr locker cabinets and drop box for free service and added convenience. Business includes 2 cargo vans used for pickup and delivery service operation. All machines are very well maintained and fully operational. All stores are very clean and well kept. 12 Loyal employees. Half of employee staff average 10 years loyalty to business. Consistent High Profit Margins year over year.

Family-owned and operated business since 1997. Well established in the community for both personal and business clients. Business outlook has tremendously improved since the addition of pickup and delivery service operation and increasing commercial accounts and new service contract with a very large business client. Only few dry cleaners within a 3-mile radius. We are a full-price dry cleaners, which provides high quality workmanship that customers like. Very high repeat customers and retention record.

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Property Features and Assets:

Main DC Plant is located in 4,200 Square feet leased space in new and large strip center with new arrival of a large and busy Fitness Connection Franchise. Two included Drop Stores are approximately 1900 Sq.Ft. located within 6 mile radius of main plant. Two wrapped vans deliver and pick up drop store laundry and DFW Airport linens. FF&E is well maintained. Value approximately= $150,000. Very clean plant and storefronts.

Market Competition and Expansion:

Business has exclusive contract with DFW Airport (Terminals A-E) providing cleaning service for their terminal housekeeping departments. Business has contract to clean all microfiber linens used for cleaning at airport. New Terminal F coming soon and business will acquire this contract as well. Owner does minimal marketing as main plant is located in strategic area on major thouroway within Mid Cities and near DFW Airport. Word of mouth and 23 yer reputation bring repeat business. new owner with marketing capital could increase revenues

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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