Business For Sale

Dry Cleaning Plant and Pick Up Station #000573

Not Disclosed, TX
Dallas County

Dallas


Asking Price: Annual Revenue:
$199,000 $360,000

Services: Dry Cleaning & Laundry


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RE: Dry Cleaning Plant and Pick Up Station #000573 Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $199,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $115,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 4
BBN Listing #: 799919188
Broker Reference #: 000573

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Business Overview:

Prime location full service dry cleaning plants with eco-friendly dry cleaning machine and pick up stations are available for acquisition. The first business location (Plant) was originally established over a decade ago in 2004 and was later acquired by the current owner of the business in 2016. The second location (Pick-up Station) was established a little while after the first location in 2008, but acquired in the same year of 2016. There's an overflowing demand in the area for dry cleaning services which all dry cleaners within the area can't keep up due to lack of dry cleaners to population of the growing cities. Most of the customers are upper-class individuals with large amounts of disposable income within the nearby neighborhoods and apartment complexes. Gross sales have been around $360,000/year from both Plant and Drop-off Store and it been consistent over the last several years of operation. The owner of the business needs to proactively market these businesses to nearby locals to truly reach full capacity in sales and customer acquisition. Local marketing is crucial to the growth of this business as there's no marketing done within the last few years of operation. Various marketing tactics needs to be utilized through social media outlets, Valpak, weekly deals, limo service (pick-up/drop-off), bundle discount, and direct mailing that will greatly enhance the sales of this business as well as acquisition of new customers. Abundance of corporations within the local area can be taken advantage of by providing route service to generate more wholesale revenue on a larger scale. Competition can be expected, but isn't an issue due to lack of dry cleaners compared to the general population of both locations. Dry clean services and laundry services for all kinds of clothing is available while alterations are sent out to a third party service provider. These businesses are in a perfect situation for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

The first location (plant) is placed in a 1,995 Square Feet retail strip center and the second drop-off location is placed in a 900 Square Feet retail strip center. All equipment is in impeccable condition and in working order. / Inventory: $4,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of both dry cleaners, but the demand for dry cleaning services is so large within the area where there are not enough dry clean businesses. Growth and Expansion: As of present time, there is no marketing done for both business locations.

Reason for Selling:

Other 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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