Eco-Friendly Dry Cleaning Plant and Pick Up Station 30-Yr Est. 001301
Price: $429,000
Location: Tarrant County, Texas
Industry: Service Businesses/Dry Cleaners
Listing ID: 001301
Are you interested in acquiring an eco-friendly, full-service dry cleaning plant and a convenient pick-up station located in a thriving retail district in the western suburbs of Dallas? This establishment has been a staple of its community for decades, providing high-quality, non-toxic, and noncarcinogenic cleaning services to loyal customers. The dry cleaning plant offers an array of services, including washing, dry cleaning, alterations, and tailoring, while the pick-up station focuses solely on pick-ups and alterations. Both locations are conveniently located close enough to make commuting easy but far enough apart to attract customers from different residential areas. The interiors are clean and straightforward, with elegant wood accents.
The dry cleaning plant is fully equipped with top-of-the-line equipment, including two dry clean legger presses (one with a steam iron), a puff iron, Suzy press, Firbimatic dry cleaning machine, a spotting board with a steam gun, double jeans legger press, single jeans legger press, sleeve press, double buck shirt press, ironing board with a steam iron, topper press, Fulton boiler, air compressor, two washers, dryer, chiller, and a sewing machine. All of this equipment is in excellent working condition.
Like many businesses, this establishment was impacted by the pandemic, but it has persevered and is now exceeding its sales prior to the pandemic. With many of its competitors out of business, this establishment has become the dominant provider of cleaning services in the area, earning close to $60,000 a month between both locations. Don't miss out on this opportunity to acquire a successful and thriving business in a great location.
Down Payment: $429,000
Total Sales: $626,081
Cash Flow: $125,691
Inventory: $5,000 (Not Included in listed price)
FFE: $125,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Owns another cleaner over an hour away, spreading himself too thin.
Training & Support:
Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Year Established: 1987
Employees: 8FT/1PT
Absentee Owner: No
Square Footage: 2,108 SF
Facilities Information:
The dry cleaning plant is situated in a retail strip center occupying a 2,108 sq. ft. space and is conveniently located adjacent to a busy intersection. The location is surrounded by affluent residential neighborhoods and well-known retail chains, making it densely populated. The plant boasts eco-friendly equipment and has been well-maintained and updated within the last few years. The second location, a pick-up point, is situated in a retail strip center occupying a 1,112 sq. ft. space and is located near a major highway. The area is surrounded by nationwide grocery chains, generating ample foot traffic.
Competition:
In the immediate market area, there are only two competitors left due to their closure during the pandemic. This business has managed to survive by offering top-notch service and competitive pricing. Although several dry cleaners were operating inside the area before, only this business and two others have managed to stay afloat. With over 30 years of experience, this business has built a solid and devoted customer base.
Potential Growth:
To fully maximize sales potential, proactive marketing is essential as there is currently no marketing in place aside from word-of-mouth. There are multiple ways to immediately boost overall sales such as accepting more household items, collaborating with local schools by offering discounts to faculty members and uniforms, providing pick-up and drop-off services to nearby residents, and reaching out to other pick-up stations for wholesale accounts.
Financing/Terms:
100% cash at closing
