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  • RE:  Dry Cleaners - Pickup And Delivery Service
  • Contact:  Jay Murray

Quick Facts

Asking Price: $225,000
Annual Revenue: $279,664
Net Profit: Not Disclosed
Cash Flow: $84,486
Total Debt: Not Disclosed
FF&E: $44,319
Real Estate: Not Disclosed
Year Established: 64
Employees: 5
BBN Listing #: 986921
Broker Reference #: 2602-18771

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Business Overview:

The Company has developed a diverse set of complementary service offerings beyond traditional dry cleaning, creating multiple revenue streams that enhance overall profitability and market position. At the core of the operation is a high-quality dry-cleaning service with a reputation for excellence and attention to detail. Building upon this foundation, the Company has strategically expanded into several specialized service areas that meet the evolving needs of its customer base. The pick-up and delivery service has become an increasingly significant component of the business. This service operates on established routes serving select residential neighborhoods and business districts, with a dedicated delivery vehicle (included in the sale) and systematic procedures for order handling. The service has proven particularly attractive to busy professionals and dual-income households, who appreciate the convenience and time-saving benefits. Complementing the traditional dry cleaning, the Company offers comprehensive wash and fold services that have gained steady traction in the market. This service is appealing to both residential customers and commercial accounts like small offices and fitness facilities. The Company has invested in commercial equipment specifically for this service line,ensuring consistent quality and operational efficiency. One of the most profitable specialized offerings is the Company's fire and smoke restoration cleaning service. While constituting a relatively small portion of overall volume (approximately 5% of revenue), these specialized cleaning jobs yield margins two to three times higher than standard services. The specialized nature of this work, combined with the Company's expertise and equipment for odor removal and fabric restoration, creates a valuable niche service that few competitors can match effectively.  The commercial segment represents another strategic dimension of the business. The Company currently services several established commercial relationships. These relationships have been cultivated over many years and are built on the Company's reputation for reliability,quality, and responsiveness to specific client needs. Commercial services include both regular laundry processing and specialized cleaning, with established pricing structures and operational protocols.

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Property Features and Assets:

The business operates from a well-maintained retail location. The facility includes:
Retail counter and customer waiting area
Production area with professional cleaning equipment
Adequate storage space
Employee facilities
Convenient parking for customers
Building owner will negotiate new lease arrangements with a new owner.  

Assets = $47,488

Market Competition and Expansion:

Established Reputation – With nearly 30 years in business, the Company has built strong community recognition and customer loyalty.
Quality Service – The business maintains high standards of quality, which has resulted in strong customer retention.
Convenient Location – The store is situated in a high-visibility location with good traffic flow and convenient parking.
Experienced Staff – The current employees are well-trained and experienced, providing continuity for a new owner.
Turnkey Operation – The business is well-established with systems in place for smooth operation, allowing a new owner to step in with minimal disruption.

Expanded Pick-up and Delivery Service – The business has tested delivery services with select clients with excellent results. There is significant opportunity to expand this service to reach more residential areas and commercial clients. The infrastructure and initial customer base already exist, requiring only further development and marketing.
Wash and Fold Service Expansion – The owner has initiated wash and fold services that have shown promising results. This segment has seen increasing demand as consumers seek time-saving services, and the business has already invested in equipment to support this service line. Expanding marketing and awareness of this service could significantly increase revenue.
Fire and Smoke Restoration Work – The business has occasionally performed restoration cleaning with exceptional margins. The owner has established initial relationships with several insurance adjusters but has not pursued this avenue aggressively due to retirement plans. This specialized work typically commands margins 2-3 times higher than standard dry cleaning.
Route Development – The business has identified potential pickup/delivery routes to local businesses, apartment complexes, and residential communities but has not fully implemented these due to the owner's focus on maintaining rather than growing the business. These routes could create steady recurring revenue with minimal additional investment.
Technology Implementation – Initial steps have been taken to modernize operations, but the owner has intentionally delayed full implementation of online ordering, customer accounts, and mobile services due to retirement plans. These initiatives could attract younger demographics.
Commercial Accounts – Several commercial relationships have been established with promising results, but the owner has not actively pursued additional accounts. Hotels, restaurants, and medical facilities in the area represent significant untapped potential.

Reason for Selling:

The owner is retiring and wishes to pursue other personal 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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