V-AID Business Investment Advises F & B Management on sale of 2 Cleaners to Jaydev Cleaners, LLC.
Mckinney – A local Dry-Cleaning Plant and a Pick-up Station known as Premier & Sierra Cleaners that’s been established for over two decades is now under new ownership since December 21st, 2021. Acquired by Jaydev Cleaners, LLC., the main Dry-cleaning plant is in a 2,439 SF retail strip center. The second location is located in a 2,126 SF area located in 1717 W. University Dr #411 Mckinney, TX 75069, and 1751 N. Central Expy McKinney, TX 75070, respectively, will be providing you with pressed, starched, and clean clothes to help you look your best.
Moon Kim with V-AID Business Investment, as an exclusive agent for Premier & Sierra Cleaners, provided sell-side advisory services to F & B Management, LLC., provided sell-side advisory services for sellers from business valuation, marketing, negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business brokerage and M&A advisory firm that assists business owner to sell their business for the maximum value while finding the right buyer who can continue to grow the business.
Premier & Sierra Cleaners was established by the original owners in 1999 and acquired by F & B Management, LLC. in 2015 and has been operating under the same company ever since. The majority of the customers in the area of both locations are middle to upper-class individuals living in the densely populated residential neighborhoods and are well-positioned next to major highways that bring immense foot traffic to the area.
“The current owners, who had acquired this business 6 years ago through our brokerage, are now selling the same business through us 6 years later today. I am happy to get this dry-cleaning business closed in this tough time and much more for this long-lasting, trusted relationship with our clients,” said Moon Kim, Managing Director for V-AID Business Investment in Dallas.
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a Completion of 585 transactions totaling over 124 Million Dollars and continuing.