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Full Price Dry Cleaning Plant
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $342416
Net Profit / Cash Flow $177761
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1960
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide training to new owner for a smooth transition.
Reason for Sale Other opportunities.
Description 60 Year Established Full Price Dry Cleaning Plant in N. Dallas is now available for acquisition. This well-established dry cleaner has been acquired by the current owner in 1999. Sales have been very consistent since then. Most of all equipment has been replaced with new top of line equipment about 3 years ago which in turn helped the sales increase around 5% per year. This cleaner is being occupied in a highly visible end cap space of retail strip center at an astonishingly low rent of $1,970 per month. Profit margin of this cleaner is very high due to this low rent as well as high price it charges customers for the cleaning. This cleaner has accumulated a great loyal customer base for the past years, but there is still a lot more room to add more customers by opening up pick up stations and by establishing corporate accounts and routes, all of which has never been tapped by current owner. This is a great opportunity to acquire a well-established and highly profitable dry cleaning plant located in a prime location.
Asking: $429,000
Furniture, Fixtures & Equipment: $200,000 (Included in listed price)
Inventory: $10,000 (Not Included in listed price)
Financing: SBA financing with 30% cash down.
Facilities: Occupied in a 1,550 SF of end-cap space in a retail shopping center which is located in an intersection where major high way and very busy street cross, this dry cleaner is highly visible from the street. Most of the equipment has been updated about 3 years ago and has been immaculately maintained.
Competition: No direct competition is found in a given competing area.
Growth And Expansion: No single marketing has ever been done. Pro-active marketing will grow the business even further. Opening up pick up stations and adding corporate accounts and routes can be another good extra income source that the current owner has not made any efforts on.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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