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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

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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:

Retirement

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

Documents:

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