Business For Sale

Eco-Dry Cleaning Plant with Pick Up Station

Not Disclosed, TX
Collin County

North Dallas


Asking Price: Annual Revenue:
$659,000 $613,030

Services: Dry Cleaning & Laundry


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RE: Eco-Dry Cleaning Plant with Pick Up Station Broker: Moon Kim

Quick Facts

Asking Price: $659,000
Annual Revenue: $613,030
Net Profit: Not Disclosed
Cash Flow: $251,645
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 7
BBN Listing #: 16919188
Broker Reference #: 000598

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Business Overview:

Very well-established dry cleaning plant and pick-up station is available for acquisition. Both business locations were established nearly two decades ago in 1999 with the plant being acquired in 2014 by the current owner of the business. Most of the customers at these dry cleaners are middle-income Caucasian individuals from the surrounding densely populated residential neighborhoods and white-collar employees from the office buildings as well as commercial buildings. Net sales for these eco-dry cleaners have been around 620K/year that has been consistently growing at a steady pace without any marketing done except word of mouth. Although these businesses have a solid list of loyal customers from operating for such a long period of time, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers. Competition can be expected for this type of business, but the competitors within the immediate market area for both locations lack in quality of services as this business has up-to-date equipment that provides superior quality. There are many ways to proactively market this business such as direct mailing, bundle deals, social media outlet, wholesale contracts with commercial businesses and additional owner involvement. Full-time owner involvement will help cut many of the unnecessary payroll expenses and allow the business to function smoothly with the owner's management as well as quality control. This business has everything in place 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 plant is located in a 2,000 Square Feet retail strip center and the pick-up station is placed in a 900 SF retail strip center as well. Both locations have top-the-line and up-to-date equipment that is in impeccable condition. The plant features an environment-friendly hydro-carbon dry cleaning machine and a convenient drive-thru. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of both businesses, but the competitors can't compete with the quality of services from this business as all the equipment is up-to-date. / Growth and Expansion: There's currently no marketing done except through word of mouth, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers.

Reason for Selling:

Retirement

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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