Eco Dry Cleaning Plant with 2 Pick Up Stations & Pick Up

Dallas, TX (Dallas County)

Eco Dry Cleaning Plant with 2 Pick Up Stations & Pick Up
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Asking Price: $849,000

Cash Flow: $295,801

Gross Revenue: $917,466

EBITDA: N/A

FF&E: $150,000

Inventory: $10,000

Established: 2007

Eco Dry Cleaning Plant with 2 Pick Up Stations & Pick Up

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Business Description

Prime 3-location dry cleaning plant and pick-up stations with another pick-up & delivery service in Central Dallas are available for acquisition. The main location was established over a decade ago in 2007 by the current owner of the business. Second location was established in 2015 and the third in 2016 that has been operating smoothly in each respective location. Their premium pick-up and delivery service is available within Central Dallas that acts as a fourth location, but these particular businesses do not have a brick and mortar location since this it's solely pick-up and delivery. Overall demographics of all dry cleaners is a well mix of middle-class and upper-class Caucasian individuals that live in the surrounding densely populated residential areas within each business location as well as the luxury apartment complexes in the Central Dallas location. Sales of all locations combined have been consistent throughout the last several years without any proactive market in place other than word of mouth. Proactive marketing is extremely crucial to growing these businesses as the market for the pick-up and delivery service is insurmountable as the luxury apartments has much more luxury real estate that surrounds their location. There are many ways to proactively market these businesses such as direct mailing, social media outlets, website, door hangers, drop-off area, full-time owner involvement and hiring more delivery and pick-up staff. Having additional staff to accommodate for the large residential area in Central Dallas will help increase the amount of customers throughout a wide area and increase the general revenue. Owner involvement is very important as well since the owner will be able to control the quality of the services and cut payroll expenses on management. These dry cleaner and pick-up stations has everything already in place for a potential buyer to proactively market these businesses while being fully involved in the day-to-day business operations.

Listing ID #000628
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Location:
Dallas, TX
Inventory:
Included in asking price
Employees:
10FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Each location has high quality up-to-date equipment that has been immaculately maintained and prime spots where visibility as well as functionality keeps the business ahead of the competition.
Competition:
Few competitors are within the immediate market area of each location, but competition isn't something to be avoided as each location has top-notch placement within their respective area that house may repeat customers with large amounts of disposable income.
Growth & Expansion:
There is no proactive marketing done at the current time. Proactive marketing locally and online will greatly boost the sales as well as reaching customers within untapped areas of each location.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of these businesses will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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