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One Seven Year Established Dry Cleaning
Location: United States -> Texas -> Collin County
Industry: Business Services > Laundry




Business Summary

Prime location full-service dry cleaning pick-up station placed in the epicenter of North Dallas is available for acquisition. This business was first established over a decade ago in the early 2000s at 2001 and was later acquired by the current owner of the business in 2003. Most of the customers are upper-class Caucasian individuals that reside in the densely populated residential neighborhoods that surround this area as well as numerous professionals from the office buildings. Net sales average $20,000-21,000/month that has been consistent through the decade of operation through many referrals and word of mouth. There hasn't been any marketing since inception of the business, but other proactive marketing tactics needs to be utilized if this business is to grow in sales and reach potential customers in the untapped areas of this city. Competition can be expected for any dry cleaning business, but the competitor that is within the area lacks in quality customer service as well as not establishing itself within the community to build a solid customer base. There are many ways to proactively market this business such as direct mailing, bundle deals, social media outlets, limo service, wholesale contracts with commercial businesses and creation of a business website. Additionally, the consistency of this business operating in the area for over a decade has solidified their customer base as well as their sales and proactive marketing will improve on the current foundation placed for this business. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
For more info, please call Moon Kim at 1-866-519-2421.

Asking: $109,000
Furniture, Fixtures & Equipment: $10,000 (Included in listed price)
Inventory: $2,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experie...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $239,566
Cash Flow:   $24,670
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide the necessary training to smoothly transition into the business operation.
Reason For Selling:  Other Opportunities




Print Listing Id: 700342475
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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