Seller's Contact Information
- RE: Dry Cleaning Plant/Car Wash/Frozen Yogurt
- Contact: Moon Kim
- License #: 567204
Quick Facts
| Asking Price: | $4,650,000 | |
| Annual Revenue: | $993,229 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $386,825 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 450,000 | |
| Real Estate: | $3 | |
| Year Established: | 2000 | |
| Employees: | 18 | |
| BBN Listing #: | 286319188 | |
| Broker Reference #: | 001104 |
Business Overview:
Package deal with over 19-year established dry cleaner, high tech car wash, and well-established frozen yogurt shop in a prime location of North Dallas is now in the market available for acquisition.
An immaculately maintained dry cleaning plant in a prime location is now available for acquisition. This business was established in late 2000 by the previous owner and was acquired in 2016 by the current owner. This business provides full-service dry cleaning and laundry services, wedding gowns preservation, leather cleaning, alteration, and contract service. The customer base has been built throughout the 21 years of operation with regulars of middle-high class individuals and families from nearby densely populated residential neighborhoods. Gross sales of this dry cleaner have been consistent for the last several years running at around $700K-780K per year due to its prime location and strong customer base prior to Covid-19 pandemic. The sales are on track to its full recovery. The optimal location for a dry cleaning center with absolutely amazing equipment that is maintained highly is now available on the market.
A spectacular coin-operated car wash with two automatic touchless tunnels and top-of-the-line equipment is now available for acquisition. This business was established in 2001, renovated by the previous owner in 2012, and was acquired in 2016 by the current owner of the business. Gross sales of this car wash have been consistent for the last several years running at around $150K per year due to its prime location and superior quality service by a hi-tech system that the business has. Its prime location and hi-tech system, coupled with pro-active marketing and new owner's active involvement in day-to-day operation will definitely boost overall sales immensely for the operation.
Well established self-serve frozen yogurt store is available for acquisition. This business was established in 2010 and was acquired by the current owner in 2016. Gross sales of this frozen yogurt shop have been consistent for the last several years running at around $350,000 - $380,000 per year due to its prime location and some marketing regularly done by the current owner. This is a great opportunity to acquire a well-established yogurt shop for a potential buyer who is willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the cities.
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Property Features and Assets:
This dry cleaner occupies a 4,766 Square Feet space of a freestanding building featuring a drive-thru conveniently located just off the highway. It is located next to a busy intersection with heavy traffic and is surrounded by s a huge number of single-family residential homes, apartments, and other small businesses. This car wash occupies a 2,840 Square Feet space of a freestanding building featuring 4 bays and 2 automatic touchless bays equipped with a laser line system next to a high traffic intersection. All equipment is well kept, and 4 vacuums with fragrances are available around the car wash. This yogurt shop occupies a 1,560 Square Feet space of a freestanding building next to a busy intersection connected to a major highway. / Inventory: $10,000 (Included in listed price).
Market Competition and Expansion:
Competition: Few competitors are within the immediate market area, but top-of-the-line equipment along with standard pricing of the business works greatly with the locals of the area, and outstanding customer service and the quality of the final product is what has kept this store providing services for many years while the competitors come and go. The competitors of the coined car wash struggle to compete with 24/7 availability, the Brushless technology system at this operation, and location accessibility. As for the few competitors near the location of the high-end yogurt store, the competitors have opened and closed down their operation many times resulting in customers coming to this business. Growth and Expansion: Pick-up & Delivery service and acquiring more corporate accounts are strongly recommended for this dry cleaning center to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Minimal marketing at the car wash currently, but with proactive marketing of the car wash's line laser system will boost sales greatly. Some marketing is in place through corporate of this yogurt shop, but other proactive marketing tailored to schools, companies and public agencies for catering businesses will help generate more revenues.
Reason for Selling:
Relocation
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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