Eco Friendly Dry Cleaning Plant with Drive Thru and Pick Up-Station

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Asking Price:
$185,000

Gross Revenue:
$349,651
Cash Flow:
$71,488
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Very well established eco-friendly dry cleaners plant with pick-up station in SW Dallas is now for acquisition. This dry cleaner plant and pickup was established in 30 and 20 years respectively and the current owner acquired them in 2017. There is one competitor in the immediate market area, but this business provides less expensive price than the competitor. Both locations are anchored by national supermarket and discount store next to a highway and on the intersection of two busy roads in the area. Overall demographics of the cleaners and pickup station are well mix of middle class Caucasian and African American individuals and family that live in the surrounding densely populated residential areas within each business location. Gross sales average for the plant is $23,000/month and the pickup location is $6,000/month that has been consistent throughout the last several years of operation without any proactive marketing. Proactive marketing will help increase sales as the current owners are doing minimal to none with marketing. There are many ways to proactively market these businesses such as direct mailing, social media outlets, website, drop-off area, and incorporating pick up and drop off services. Placing a manager in place of the owner will be also beneficial to the business as they will be able to better communicate with the customers and retain good relationships with them while the owner will be able to focus on back of the business and keeping the quality of the work consistent. This business has everything in place for a potential buyer to increase sales by proactively marketing this business while being fully involved in the day-to-day operations.

Listing ID #000772
For more info, please call Kevin Chung at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
1989
Number of Employees:
4FT/3PT
Facilities:
Plant is located in a 2,150 SF retail strip center and pick-up station is placed in 1,604 SF strip center and both are anchored by a high-end nationwide retail and grocery chain in an area of heavy traffic and walking pedestrians. All equipment is in good condition and in working order. The plant features a convenient drive thru.
Market Outlook/
Competition:
There are two competitors in the immediate market area, but one of them is soon to be closed and this business offers pay after garments are ready to pick up compared to required pre-pay for the other location.
Growth & Expansion:
Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential. The business is still using the old cash register and by upgrading to the POS system, the business will be run much more effectively and smoothly in terms of keeping up with the sales, customers, and overall drop off/pick up process.
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About the Sale

Reason For Selling:
Family issues
Training/Support:
The owner of these businesses will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1605122
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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