Dry Cleaners in North Dallas

NOT DISCLOSED, Texas

Asking Price $275,000 Year Established 1995
Annual Revenue $488,797 Reason for Selling Retirement  
Annual P/L $0 Attention Stephen Lee
Annual Cash Flow $88,259 Listing Number 992349  
# of Employees 1 Business Category Services: Dry Cleaning & Laundry

Business Overview:

Dry cleaners sale! A well-established dry clean pick-up station in North Dallas is now for sale. This business was started in 1999 by the current owner and has built a strong reputation over the years. It offers wash & fold, dry cleaning, and starch services. In the past, it also provided alterations, but that service was discontinued, giving a new owner the chance to bring it back and increase sales.

The store is in a great location, inside a 2,194 sq. ft. space in a busy retail strip center. It¡¯s surrounded by neighborhoods and upscale apartment communities with lots of foot and car traffic. Most customers are regulars from the local area, and more new customers keep coming in, especially as other dry cleaners in the area have closed.

There are only a few competitors nearby, and demand for dry cleaning is still high since many businesses closed during the COVID-19 pandemic. This dry cleaning station stands out for its reliable service and loyal customer base built over many years.

Marketing has been very limited, with most business coming from word of mouth and visibility from the street. A new owner could grow the business by adding things like a website, online ads, email marketing, or a loyalty program. There¡¯s also room to grow by bringing back alterations or adding pick-up and delivery service, both of which could bring in more customers and revenue.

The current owner works full-time, but since this is a pick-up station only, it could also be managed by an attendant. With plans to retire, the owners are looking for a qualified buyer to purchase the business. This is a great opportunity for someone looking to take over a long-running dry clean pick-up station in a high-traffic, high-demand North Dallas area.

Property Features and Assets:

<p>The North Dallas location is prime. It is located within a 2,194 sq. ft. facility along a retail strip center. The retail strip center is within a high-traffic area surrounded by dense neighborhoods and upscale apartment communities. / Inventory: $10,000 (Not Included in listed price).<br></p>

Market Competition and Expansion:

<p>Competition: There are few competitors within the immediate market area, but the demand exceeds of number of dry cleaners in the area due to many closing during the COVID pandemic. This business stands out as a well-established location with reliable, quality service, earning a loyal customer base. / Growth and Expansion: There is potential for a new owner to implement new marketing strategies such as an official website, Google ads, email campaigns, or loyalty rewards. There is also growth potential that could be reached by offering pick-up & delivery service, and alteration service, Alteration service was a solid revenue stream for the business until it was discontinued.<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 not a franchise resale opportunity

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