Eco-Friendly Dry Cleaners With Multiple Wholesale

Not Disclosed, TX
Dallas County

North Dallas

Asking Price: Annual Revenue:
$300,000 $360,000

Services: Dry Cleaning & Laundry

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RE: Eco-Friendly Dry Cleaners With Multiple Wholesale Broker: Kevin Chung

Quick Facts

Asking Price: $300,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 6
BBN Listing #: 706719188
Broker Reference #: 000905

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Business Overview:

Newly equipped eco-friendly dry cleaners that has been in business for more than 30 years in Dallas is available for acquisition. This business was originally established as a pick-up station but later turned into a full-service dry cleaner to handle and accommodate growing demand and customers. This business is surrounded by single-family homes, major corporations, and conveniently across a nation-wide supermarket on one of the busiest roads in the area. The customers are a diverse mix of demographics of different income levels and the majority of them are long-time return customers from the homes nearby and from hospitals and office buildings. Although this business has established a customer base without any proactive marketing other than word of mouth, more online, social media, offering pick-up and drop off service, acquiring more corporate accounts, and direct marketing, such as flyers and coupons, are much needed to fully reach its financial potential and acquire new customers in the untapped area of its location. The sales have been consistent last several years at $30,000/month including $10,000/month wholesale without any owner involvement and marketing done whatsoever. There is a full-time manager in place, but full-time owner involvement will be crucial in order to further grow the revenue and cash flow by reducing labor cost and taking quality and customer service to the next level. This business is located in an excellent location with heavy traffic, solid customer base, and is fully-equipped with eco-friendly equipment, and is a great opportunity for an ambitious buyer who is willing and capable of being fully involved in the operation as well as marketing the business more proactively to further grow the business.

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Property Features and Assets:

This business is located in a 2,564 Square Feet retail strip surrounded by many homes and next to a global company on one of the busiest roads in the area and is easily visible. The majority of the major equipment has been replaced in the past few years and is in excellent condition and in working order. / Inventory: $6,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: There are few in the immediate area, but this business offers superior quality and service and has been in business for more than 30 years while other locations have switched ownership multiple times. Growth and Expansion: Currently, there is no marketing being done other than coupons on the back of the receipt of a nationwide supermarket. Although there is a full-time knowledgeable manage in place, full-time involvement by the owner will be crucial to reduce overall labor costs and maintain and acquire new customers and corporate accounts from nearby hospitals and office buildings. For a buyer who is capable of doing alteration can increase overall revenue by reducing outside service costs and alterations are being outsourced.

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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