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- RE: Laundry And Dry Cleaning Business
- Contact: Stephen Lee
- License #: 567204
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $627,575 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $183,990 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 5 | |
BBN Listing #: | 985413 | |
Broker Reference #: | #001469 |
Business Overview:
Laundry and dry cleaning business for sale! This well-established dry cleaning business with two locations in the northeast Dallas suburbs is now available for acquisition. The business offers dry cleaning, starching, wash & fold laundry, alterations, and handles specialty items like comforters, drapery, leathers, and wedding gowns.
The business operates from a spacious main plant and a convenient pick-up station, both in high-traffic retail centers with strong visibility and access. It serves a diverse, middle-class customer base with well-maintained equipment at both locations.
Competition has decreased since COVID-19, and the business has recovered quickly, standing out through quality service, speed, and competitive pricing. Marketing efforts are mostly word of mouth and a basic website, with plenty of room for expansion through social media and corporate accounts. A new owner could also introduce pickup and delivery services for further growth.
The current owner works full-time but can greatly reduce involvement by hiring another cashier. With plans to retire, the owner is seeking a qualified buyer to take over. This is an excellent opportunity to acquire a successful, growing business.
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Property Features and Assets:
This well-established dry cleaning business operates from two prime locations in the northeast Dallas suburbs, both situated in busy retail centers. The main plant occupies a 3,600 sq. ft. space in a high-traffic retail strip, while the pick-up station is housed in a 1,000 sq. ft. facility within another bustling retail center. Both locations offer excellent visibility, easy access, and high foot traffic. Equipment is well-maintained and in great working condition. / Inventory: $10,000 (Not Included in listed price).
Market Competition and Expansion:
Competition: Competition is common in this industry, but the business has fewer competitors due to the COVID-19 pandemic, which led to the closure of several nearby businesses. The business stands out by offering quality service, fast turnaround times, and competitive pricing. / Growth and Expansion: The business is experiencing growing sales. However, a new owner could also introduce pickup and delivery services for further growth.
Reason for Selling:
RetirementAdditional 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
Documents:
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