18 Year Established Dry Cleaning Pick-Up Station #000227

Dallas, TX (Collin County)

18 Year Established Dry Cleaning Pick-Up Station #000227

Asking Price:$79,000

Cash Flow:$39,393

Gross Revenue:$130,928

EBITDA:N/A

FF&E:$15,000

Inventory:$1,500*

Established:1997

*not included in asking price.

18 Year Established Dry Cleaning Pick-Up Station #000227

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Business Description

18 year established dry cleaning pick-up plant with a vast reputation and loyal customer base is now available for acquisition. Current net sales average around $11,500 a month and if the owner works on a full time basis without owning a dry cleaning plant, net profit will be estimated at $4000 - $4,500 a month after all expenses and cleaning costs. Established in 1997 by the current owner, the loyal and wide range of customer base has been strongly built over the years of operation. While there is one competitor in the immediate area, the current competitor has operated their business for the same duration but has closed down couple of times. This dry cleaning drop off station provides services such as dry cleaning, laundering, and alterations with this location updated interior modernized to the present time. Sales will also be boosted immensely with proactive marketing and more involvement with the owner to the business. This is a great opportunity to grab yourself a great business at a prime location.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Employees:
2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location at a retail strip center and last lease signed decreased rent cost.
Competition:
There is one competitor in the immediate area, but the competitor has been in business for many years yet it has closed down few times during its operation.
Growth & Expansion:
Sales will be boosted immensely with more proactive marketing and owner involvement in the business. Coupons are currently provided, but are only available online including the .40c discount on garments.
Financing:
100% cash down at closing or 50% cash down with SBA Financing for qualified buyer.
Support & Training:
Owner will provide necessary training for a smooth transition into the business.
Reason for Selling:
Current owner has too many stores to handle and spreading himself too thin. Also

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

V-AID Group, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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