Dry Cleaning Plant and Pick Up-Station

Not Disclosed, TX
Dallas County

West Dallas

Asking Price: Annual Revenue:
$185,000 $349,651

Services: Dry Cleaning & Laundry

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RE: Dry Cleaning Plant and Pick Up-Station Broker: Kevin Chung

Quick Facts

Asking Price: $185,000
Annual Revenue: $349,651
Net Profit: Not Disclosed
Cash Flow: $71,488
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 7
BBN Listing #: 515319188
Broker Reference #: 000772

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Business Overview:

Very well established eco-friendly dry cleaners plant with pick-up station in SW Dallas is now for acquisition. This dry cleaner plant and pickup was established in 30 and 20 years respectively and the current owner acquired them in 2017. There is one competitor in the immediate market area, but this business provides less expensive price than the competitor. Both locations are anchored by national supermarket and discount store next to a highway and on the intersection of two busy roads in the area. Overall demographics of the cleaners and pickup station are well mix of middle class Caucasian and African American individuals and family that live in the surrounding densely populated residential areas within each business location. Gross sales average for the plant is $23,000/month and the pickup location is $6,000/month that has been consistent throughout the last several years of operation without any proactive marketing. Proactive marketing will help increase sales as the current owners are doing minimal to none with marketing. There are many ways to proactively market these businesses such as direct mailing, social media outlets, website, drop-off area, and incorporating pick up and drop off services. Placing a manager in place of the owner will be also beneficial to the business as they will be able to better communicate with the customers and retain good relationships with them while the owner will be able to focus on back of the business and keeping the quality of the work consistent. This business has everything in place for a potential buyer to increase sales by proactively marketing this business while being fully involved in the day-to-day operations.

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Property Features and Assets:

Plant is located in a 2,150 Square Feet retail strip center and pick-up station is placed in 1,604 Square Feet strip center and both are anchored by a high-end nationwide retail and grocery chain in an area of heavy traffic and walking pedestrians. All equipment is in good condition and in working order. The plant features a convenient drive thru. / Inventory: $3,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: There are two competitors in the immediate market area, but one of them is soon to be closed and this business offers pay after garments are ready to pick up compared to required pre-pay for the other location. / Growth and Expansion: Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential. The business is still using the old cash register and by upgrading to the POS system, the business will be run much more effectively and smoothly in terms of keeping up with the sales, customers, and overall drop off/pick up process.

Reason for Selling:

Family issues

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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