Business For Sale

Dry Cleaning Plant with 2 Pick Up Stations

Not Disclosed, TX
Dallas County

Dallas


Asking Price: Annual Revenue:
$899,000 $917,466

Services: Dry Cleaning & Laundry


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RE: Dry Cleaning Plant with 2 Pick Up Stations Broker: Moon Kim

Quick Facts

Asking Price: $899,000
Annual Revenue: $917,466
Net Profit: Not Disclosed
Cash Flow: $295,801
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 10
BBN Listing #: 494519188
Broker Reference #: 000628

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Business Overview:

Prime 3-location dry cleaning plant and pick-up stations with another pick-up & delivery service in Central Dallas are available for acquisition. The main location was established over a decade ago in 2007 by the current owner of the business. Second location was established in 2015 and the third in 2016 that has been operating smoothly in each respective location. Their premium pick-up and delivery service is available within Central Dallas that acts as a fourth location, but these particular businesses do not have a brick and mortar location since this it's solely pick-up and delivery. Overall demographics of all dry cleaners is a well mix of middle-class and upper-class Caucasian individuals that live in the surrounding densely populated residential areas within each business location as well as the luxury apartment complexes in the Central Dallas location. Sales of all locations combined have been consistent throughout the last several years without any proactive market in place other than word of mouth. Proactive marketing is extremely crucial to growing these businesses as the market for the pick-up and delivery service is insurmountable as the luxury apartments has much more luxury real estate that surrounds their location. There are many ways to proactively market these businesses such as direct mailing, social media outlets, website, door hangers, drop-off area, full-time owner involvement and hiring more delivery and pick-up staff. Having additional staff to accommodate for the large residential area in Central Dallas will help increase the amount of customers throughout a wide area and increase the general revenue. Owner involvement is very important as well since the owner will be able to control the quality of the services and cut payroll expenses on management. These dry cleaner and pick-up stations has everything already in place for a potential buyer to proactively market these businesses while being fully involved in the day-to-day business operations.

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Property Features and Assets:

Each location has high quality up-to-date equipment that has been immaculately maintained and prime spots where visibility as well as functionality keeps the business ahead of the competition. / Inventory: $10,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of each location, but competition isn't something to be avoided as each location has top-notch placement within their respective area that house may repeat customers with large amounts of disposable income. / Growth and Expansion: There is no proactive marketing done at the current time. Proactive marketing locally and online will greatly boost the sales as well as reaching customers within untapped areas of each location.

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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