Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Established Eco-Friendly Dry Cleaning Plant with Drive Thru
(Cleaning/Laundry Related)
Dallas, Texas
Listed Price: $ 459,000
Listing ID: 000989

Listing DetailsDown Payment: $ 93,800
Gross Revenue: $ 459,000
Cash Flow: $ 140,000
FFE: $ 150,000 (Included in Price)
Inventory: $ 5,000
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location fast growing dry cleaning plant placed in Northeast Dallas is available for acquisition. This business was originally established over a decade ago by the current owner of the business in 2007. Most of the customers are middle-class individuals that lives in the densely populated residential neighborhoods that has been coming to this business for several years or since the inception of this dry cleaning plant. Net sales for the most recent year is $459,000/year that has been consistent over the last several years of operation without any marketing done to expand the business. Although no marketing is currently in place, other proactive marketing methods need to be in place for this business to actively grow to the maximum income capacity as well as grow the customer base further than the immediate market area. Competition is expected for this business industry, but this business has a solid customer base that has been there since inception and has consistent sales compared to the competition that is more recent. There are many ways to proactively market this business such as direct mailing, social media outlets, bundle services, limo service, owner involvement and more corporate accounts. Full-time owner involvement will be extremely helpful to bringing the quality of service to its optimal state as well as cutting unnecessary payroll expenses. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Competition:

Few competitors are within the immediate market area of this business, but this business has been long established and has a solid customer base that will provide consistent sales.


Potential Growth:

There is no marketing done at the current time.


Financing/Terms:

100% down at the time of closing or 20-25% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 3300
Facilities:

This business is located in a 3,300 SF retail strip center optimally placed for high visibility next to a major roadway that has immense traffic passing by at all hours of the day.


OperationYear Established: 2007
Employees: 6FT
Absentee Owner: No