Dry Cleaning Plant and Pick Up Station

Not Disclosed, TX
Tarrant County

East Fort Worth


Asking Price: Annual Revenue:
$675,000 $768,554

Services: Dry Cleaning & Laundry


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

Quick Facts

Asking Price: $675,000
Annual Revenue: $768,554
Net Profit: Not Disclosed
Cash Flow: $270,921
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 9
BBN Listing #: 486419188
Broker Reference #: 000887

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Business Overview:

Prime location eco-friendly full-service dry cleaning plant and pick up station operated over 30 years in East Fort Worth are available for acquisition. The first business location (Plant) was originally established over 3 decades ago in 1987 and was later acquired by the current owner of the business in 2006. The second location (Pick-up Station) was established in 2010 and was later acquired by the current owner of the business 2017. Most of the customers of both locations are upper-class individuals with large amounts of disposable income within the nearby affluent neighborhoods, and this business has built up a solid customer base for nearly 30 years by providing high-quality services and an affordable price point. Currently, only 2 competitors were found within the immediate market area of dry cleaning plant. There had been a total of 6 dry cleaners in the area, but most of them closed down while this main plant has been providing quality services at affordable prices to the customers. Average gross sales for the plant have been steadily increasing the past few years and average monthly sales are approximately $42,000/month and the sales for pick-up stations has been steady at $22,000/month. The sales have been increasing and steady due to return customers, word of mouth, referrals, high quality, affordable price, and no marketing whatsoever. There are many ways to increase overall sales by offering pick-up/drop-off services, taking in more household items, reaching out to local school districts for faculty discount, band uniforms, churches, and offering wholesale services to other pick-up stations. Various marketing tactics need to be utilized, such as more online and social media outlet presence, direct marketing, coupons, weekly deals to acquire new customers in the untapped parts of the area. This dry cleaning plant and pick-up station offer full-service dry cleaning and laundry services as well as wash & fold, pressing service and tailoring in which all of the work is done on the premises at the plant. 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 located in a 2,108 Square Feet retail strip center that is conveniently located right next to a busy intersection surrounded densely populated affluent residential neighborhoods and retail chains. The plant is fully equipped with eco-friendly equipment and is in excellent condition as they have been replaced in the last several years and maintained very well. The second location (pick up) is in a 1,112 Square Feet retail strip center located adjacent to major highway and nationwide surrounded by nationwide grocery chains which can bring immense traffic to the area. / Inventory: $12,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: There are only 2 competitors within the immediate market area, but this business offers quality service and competitive pricing. There had been a total of 6 dry cleaners, but only this business and other cleaner have survived. This business has been operating for over 30 years and has established a very strong and loyal customer base. Growth and Expansion: Proactive marketing is crucial to growing the sales to full potential since there's no marketing currently done except through word of mouth. There are various ways to instantly increase overall sales by accepting more household items, reaching out to local schools and offering discounts to faculty members and uniforms, offer pick-up and drop-off services to local residents, and reaching out to other pick-up stations for wholesale accounts.

Reason for Selling:

Burnt out.

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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