NOT DISCLOSED, Texas
| Asking Price |
$700,000 |
Year Established |
2003 |
|
| Annual Revenue |
$702,020 |
Reason for Selling |
Other Opportunities |
|
| Annual P/L |
$0 |
Attention |
Joseph Kim |
|
| Annual Cash Flow |
$321,124 |
Listing Number |
1020191 |
|
| # of Employees |
4 |
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Dry Cleaning Pickup Station 60K Monthly Sales! This high-volume franchise dry cleaning pick-up station in the south Dallas area has been established for over two decades and is now available for acquisition. Founded in 2003 by the current owner, this prime location pickup station is strategically positioned near a busy retail strip anchored by a national commercial gym, attracting a steady flow of foot traffic. This business's standalone building offers ample space, complete with eye-catching pylon signage and a convenient drive-thru. Additionally, the facility provides the opportunity for expansion, with available space that can be converted into a plant.
Through quality service and commitment to excellence, this dry cleaner has experienced continuous revenue growth over the years. The customer base consists primarily of middle to upper-class white-collar families and other groups from nearby neighborhoods, businesses, and offices. Before the COVID-19 pandemic, this business generated between $380,000 and $390,000 in annual sales. Despite the challenges posed by the COVID-19 pandemic, this pickup station has not only survived but thrived, with projected sales set to exceed $700,000 in annual sales for 2026.
Although the current marketing efforts in this location are minimal, the business greatly benefits from its nationally recognized brand name, which has been established for over 60 years with multiple locations across the United States. While the franchisor takes care of marketing the brand on a macro level, implementing local marketing initiatives such as flyers, door hangars, direct mailing, etc., would greatly increase awareness. In addition to numerous positive Google reviews, the business currently lacks a strong online presence. Expanding online marketing strategies, such as leveraging social media, email campaigns, web-based advertisements, and online app services, will effectively attract new customers.
This pickup station presents an excellent opportunity for an existing dry cleaning plant owner to maximize profitability. If left as a pickup station, a new owner without a dry cleaning plant should expect to pay roughly 35%-40% of sales to outsource to a dry cleaning plant. Alternatively, transforming the available space within the facility into a plant can be a viable option for a new owner to explore. Additional services like home pickup and delivery can also open up new avenues for growth.
Acquiring this dry cleaner for sale provides access to a stable business with a substantial cash flow. With a solid customer base built over nearly two decades, there is immense potential for expansion through proactive marketing and exploring new avenues for growth. To learn more about this opportunity, please submit a Buyer Registration and NDA with V-AID.
Property Features and Assets:
<p>Stand-alone building with a drive-thru and pylon signage in a busy retail center located in South Dallas. The facility benefits from high visibility and ease of access.<br><br>Recent face lift and new HVAC / Inventory: $10,000 (Not Included in listed price).<br></p>
Market Competition and Expansion:
<p>Competition: Competition is to be expected in this industry, but this business stands apart in several ways. First, it's a well-established pickup station that has been around for over 20 years. It has a recognized franchise brand name. The facility is highly visible and easily accessible to nearby traffic. Lastly, it has a drive-thru for added convenience. / Growth and Expansion: Acquisition by an owner with a plant or utilizing the available space within the facility to create a plant would maximize profits. Proactive marketing efforts could also help the business grow its customer base and secure corporate accounts. The business could also explore home pick-up and delivery services to achieve growth. Lastly, a new owner could expand the operating hours to include Sundays to capture more sales.<br><br><br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity