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Established Neighborhood Dry Cleaners
Location: United States -> Texas -> Coppell
Industry: Business Services > Laundry

Business Summary

20 year established high quality full price dry cleaner in the densely populated suburbs is available for acquisition. This business was established by its current owner in 1999 and has been operating as of now and has good reputation in the area for the high quality and good customer relationship. There have been few other cleaners that opened in the immediate area in the past several years, but due to loyal customers and the high quality this business provides, it has not had too much effect on the overall sales and some of the other businesses have closed down since then. The average gross sales for the past several years has been consistent at $15,000-$17,000/month without any proactive marketing and word of mouth has been the best type of marketing for this business. Because the owners work full time without any employees, they are not able to put much effort and spend too much time on marketing their business to acquire new customers and generate new source of income from different types of avenues of marketing such as social media and direct marketing. The more proactive owners can send flyers and coupons directly to the homes and apartments in the surrounding area, offer pick up and drop off service, reach out to the national grocery store to have their coupon printed on the back of the receipt and also work with local schools and golf courses to offer discount to staff members. Majority of the customers are middle to high income individuals and families that have been coming to this business for more than a decade for the quality and superior customer service. Because of the prime location, length of time it has been serving the community, and the volume this business is generating, this could easily be converted into a drop off store for the owner who already owns a plant or more proactive owner can maximize profit by spending some time and effort into marketing.
For more info, please call Kevin Chung at 1-866-519-2421.

Asking: $135,000


Asking Price Range:  < $250K
Gross Revenues:   $180,000
Cash Flow:   $53,768
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1999
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 needed to smoothly transition into the business operation.
Reason For Selling:  Retirement

Print Listing Id: 700342555
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