Hot Listing

Dry Cleaner Business for Sale with Drive-Thru

Asking Price$499,000

Cash Flow
$221,549
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$585,839

Inventory$6,000
Included in asking price
FF&E$120,000
Included in asking price
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Hot Listing

Dry Cleaner Business for Sale with Drive-Thru


Asking Price$499,000

Cash Flow
$221,549
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$585,839

Inventory$6,000
Included in asking price
FF&E$120,000
Included in asking price
Business Description
A well-established dry cleaning plant located in the affluent northwest area of Dallas is now available for acquisition. This dry cleaner offers typical dry cleaning services, including laundry and alterations. The current owner acquired the business in 2018, and although they decided to relocate it a year ago, this move had no impact on sales. The only setback experienced by this business was during the COVID-19 pandemic, when there was a temporary slowdown in operations. However, the business has since recovered and has had consistent sales since 2021.

The business currently enjoys a prime location in a prosperous neighborhood in northwest Dallas. Situated at the end cap of a retail strip center, the business occupies a 1,800 sq. ft. facility, complete with the added convenience of a drive-thru. The customer base primarily consists of individuals and families with mid to upper incomes residing nearby. The business also maintains a single wholesale account. The immediate area boasts minimal competition, as many competitors were forced to shut down their operations due to the impact of COVID-19. Furthermore, this business maintains a dedicated and loyal customer base who frequent this well-established establishment.

Despite the challenges posed by COVID-19, this business has demonstrated remarkable resilience with consistent sales. Moreover, there is untapped potential for further growth. Acquiring more wholesale accounts and providing pickup and delivery services could serve as additional revenue streams. The business can also propel its sales to the next level by implementing a proactive marketing strategy. Currently, relying solely on word-of-mouth advertising limits its potential, but this dry cleaner can boost its revenue with minor marketing efforts.

The present owner is actively involved and manages a team of five production workers.This dry cleaning plant presents a promising opportunity for a qualified buyer with industry expertise.

Listing ID #001475
About the Business
Years in Operation
10
Employees
5
Facilities & Assets
The business currently benefits from a great location in an affluent northwest Dallas neighborhood. The business occupies a 1,800 sq. ft. facility at the end cap of a retail strip center and has the added convenience of a drive-thru. The equipment is in excellent working condition.
Market Outlook / Competition
There are few competitors left in the immediate area as many competitors were forced to close during COVID-19.
Opportunities for Growth
By expanding into more wholesale accounts and introducing pickup and delivery services, the business can tap into additional revenue streams. To take sales to new heights, a proactive marketing strategy is key. Relying solely on word-of-mouth advertising currently restricts its potential, but with a small investment in marketing efforts, this dry cleaner can enhance its revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,808
About the Sale
Seller Motivation
Other Opportunities.
Transition Support
The owner will provide training for an agreed upon amount of time.
Financing Options
100% down at the time of closing or 15 to 20% Cash Down with SBA Financing for Qualif
Listing Info
ID
2333101
Listing Views
2161
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_001475_Dry_Cleaner_Business_for_Sale_with_Drive_Thru.pdf


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Business Listed by: V-AID Business Investment V-AID Group, Inc.

Listing ID: 2333101 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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