Seller's Contact Information
- RE: Established Dry Clean Pick-Up/Drop-Off Location
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
Asking Price: | $64,900 | |
Annual Revenue: | $159,291 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $50,334 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | Not Disclosed | |
BBN Listing #: | 96154955 | |
Broker Reference #: | 7005-17316 |
Business Overview:
Very well-established and profitable Dry Cleaner Drop Off site with more than thirteen years in the market located in a high-traffic shopping center.
The business recovered strongly post-Covid and is poised to have its best year ever in 2022. Additionally, the closest local competitor recently shut down, increasing the prospects for continued growth.
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Property Features and Assets:
700 sq ft Drop-Off Dry Cleaner business located in a very busy Shopping Center.
Market Competition and Expansion:
Though the Dry Cleaning business is consolidating, there remain a number of benefits to Dry Clean business owners: - It is a cash bush business with very low inventory cost. - It is a production business that can grow by your efforts in a friendly market. - Good cash flow - Can have additional locations which are pickup and drop-off, and route delivery to homes and businesses. Dry cleaning can be very profitable. - Low cost of goods and overhead compared to other businesses; no nighttime hours; shorter hours compared to other 7-day businesses Just setting up a sales and marketing strategy will make a huge impact on the shop's revenue and profit. Adding a pickup route can also substantially increase the customer base.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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