Under Contract: Eco-Friendly Dry-Cleaning Business! 25+ years.
Financial Information
- Asking Price: $518,000
- Gross Revenue: $550,000
- Cash Flow: $170,000
- Down Payment: 0
- FF&E (Included): N/A
- Inventory: N/A
- Financing: No
Business Location
- Tarrant
- Confidential
- Texas
This independent business founded in 1997 is a full-service, high-quality, dry cleaners with laundry services. The company serves both residential and commercial clients in its local market. The founder of this business has built a profitable company with a client base of over 1500 walk-in and commercial customers with over 50% being repeat customers in the past year. Current gross revenues are equally split between walk-in and commercial clients. The company is fully computerized with integrated point-of-sale (POS) system. Additionally, the company offers 24/7 convenient pick-up to its customers via a free locker service at its main location. Sunbelt Dallas Metro and Bill Nicholson offer this excellent opportunity to own an established, full-service residential and commercial dry-cleaning and laundry business with solid cash flow and the ability to grow revenues by capturing additional commercial accounts in the Dallas/Fort Worth Metroplex. This 25-year-old, debt-free company has built a great reputation in the marketplace and is known for its staff experience, its quality eco-friendly dry cleaning and laundry services. The business is in a 4,100 SF retail space for its main dry-cleaning plant. Additionally, the business has two (2) drop-off/pick-up locations for convenience in its local market. The owner is a previous facilities engineer who completed the layout and design of this efficient and profitable main dry-cleaning plant along with drop stores. You don't want to miss out on this opportunity! Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking about selling your business, or would like to acquire another business, please email us at [email protected] or call us at 972-528-8710.
Competition Description
Unlimited growth potential due to the continued growth of the DFW Metroplex and surrounding areas with the influx of more companies and people relocating to the area.
Growth / Expansion overview
Sales for the US dry cleaning and laundry services industry are forecast to grow at a 4.69% compounded annual rate from 2021 to 2026. A growing number of dry-cleaning plants are offering extra services such as paid or free pickup and delivery. Coupled with technology such as online ordering and payment, text messaging, and social media interaction, dry cleaners can offer more specialized service and care to their customers like 24/7 free locker service for convenient pick-up for completed dry-cleaning service.
Support / Training Comments
Owner will provide training free of charge for 4 weeks for 20 hours per week.
Reason For Sale
The owner is looking to retire.- Home Based: No
- Year Established: 1997
- Franchise: No
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 8
- Part time Employees: 1
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 4125 sq ft
- Monthly Rent: $4,900