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Dry Cleaning Plant & Three Pick - Up Statio..
Location: United States -> Texas -> North Dallas, Collin County
Industry: Business Services > Laundry




Business Summary

Over 20-year established dry cleaning plant with one pick-up station in the North Dallas area are now available for acquisition. The plant was first established (almost two decades ago) in 1995 by the previous owner and was later acquired in 2018 by the current owner of the business. The pick-up station was acquired by the current owner in 2018 on the same date as the plant. Competition is expected for this industry for each location, but this fully-equipped dry cleaning plant and prime location pick-up station have been well-positioned in immediate market area of both locations and have been successfully operated with consistent revenue generated throughout many years of providing quick & convenient cleaning services with inexpensive price points. Overall demographics of the plant and pickup station are mostly middle to upper-class Caucasian and a well mix of other ethnic groups from nearby neighborhoods, local businesses and offices filled with corporate workers. This dry cleaning plant and pick-up station offers full service dry cleaning and laundry services as well as wash & fold, pressing service, alteration as well as leather cleaning service in which all of the work is done on the premises at the plant. Gross sales of all locations combined have been $800,000/year during the past several years before COVID-19 with sales steadily growing each year through quality control and management. Proactive marketing is crucial for the continued growth of this business as there is no marketing done by the current owners. Although there are many ways to proactively market these dry cleaners, online-based marketing such as social media outlets, email marketing, web-based advertisements, and online app services offered to customers will bring new set of customers and contribute to continued success the business. Tapping into wholesale dry cleaning market as well as home pick-up and delivery services can be also additional opportunities available for new owner. Full-time...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $811,406
Cash Flow:   $210,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1995
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Other opportunities/Burnt out




Print Listing Id: 700354713
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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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