Dry Cleaning Services - Est. 35 Yrs.

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$70,000 $157,636

Services: Dry Cleaning & Laundry

Request More Information
Contact the Seller

RE: Dry Cleaning Services - Est. 35 Yrs. Broker: Claudia Smith

Quick Facts

Asking Price: $70,000
Annual Revenue: $157,636
Net Profit: Not Disclosed
Cash Flow: $56,379
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 1
BBN Listing #: 90304955
Broker Reference #: 8002-14856

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

This environmentally friendly cleaners has been in operation for over 35 years at the same location in one of Seattle's exclusive upscale neighborhoods. It has the latest in environmentally safe cleaning equipment and processes. Conveniently situated adjacent to the high traffic anchor for the shopping center, the business captures a continuous stream of new customers. It boasts a large loyal customer base with the disposal income and demand for local services which is the prime ingredient for a successful cleaner business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The location has 1,650 square feet of well planned space for optimum work flow. There is a area near the front counter for alterations and a private dressing room for fittings. On a month to month lease the monthly rate is $3,250 including Triple Net charges. The Landlord welcomes a new lease and terms. Assets= $70,000

Market Competition and Expansion:

The US dry cleaning industry is a.$10 billion industry. According to a 2017 article in Business Trends, the dry cleaning industry is expected to grow 4% annually over the next several years, reports Integra Information. Going "Green" is currently the trend for business and especially the cleaners industry. This business has the latest of equipment and environmentally safe cleaning processes. There is another cleaners a few blocks away but hasn't affected the client base or revenues. Competitive cleaners, today, are going to the customer. They can send a person door-to-door in the neighborhood to sign up customers for free pick-up and delivery service. Making calls when customers haven't been in lately letting them know "you haven’t been in for a while–would you like us to send out a truck to pick up your dry cleaning?” Of course, the call reminds the customer that they have a few items needing cleaning.·Creating a loyalty card program such as, with 20 purchases of $15 or more, I get $20 in free dry cleaning. It’s a significant benefit that makes the card worthwhile, and keeps customers coming back. Using technology appropriately so that if a customer forgets a cleaning receipt, it can be looked up easily in the computer. Also, a plus would be offering special services such as off-season storage and alterations.

Reason for Selling:

Owner is retiring.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!