Three Decade Established Dry Cleaners with Low Rent 001207
Long-established dry-cleaning plant established for over two decades is available for your acquisition. This business was originally established in 1990 and was later acquired by the current owner of the business in 2004. Located in a 1,600 SF end cap space of a retail strip center, surrounded by many residential neighborhoods and busy roadways that connect to the nearest major highway. Few competitions are within the immediate market area, but some closed down after the covid-19 pandemic and the remaining competitions haven't been established in the area as long as this location. The monthly sales are on average $24,000/month with 2021 recovering a majority of the sales from the Covid-19 pandemic. Low rent for this facility allows the business to make better margins as the business grows compared to standard Dry Cleaners with much higher rent. Competition has lessened after 2020 as many of the dry cleaners in the local area have closed down and are now providing this business with steady growth in sales and customer base. Converting this plant into a pick-up station for a buyer who already has a plant can also be an option. The owner of the business works full-time operating the business. The husband does dry cleaning and pressing while the wife takes care of the front counter and alterations. The business was impacted by covid-19 but has now recovered with consistent sales. This is a perfect type of opportunity for a Buyer that has a family to grow the business and Buyers with existing dry cleaners.
Other Opportunities
The owner of the business will provide the necessary training needed for a smooth transition into the business operation.
This business is located in a 1,600 SF end cap space of a retail strip center, next to the strip center are many residential neighborhoods and busy roadways that connect to the nearest major highway.
Few competitions are within the immediate market area, but some closed down after the covid-19 pandemic and the remaining competitions hasn't been established in the area as long as this location.
Low rent for this facility allows the business to make better margins as the business grows compared to standard Dry Cleaners with much higher rent. Converting this plant into a pick-up station for a buyer whom already has a plant can also be an option.
100% down at the time of closing or 25% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
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