Eco Friendly Dry Cleaning Plant with Drive Thru and Pick Up-Station

Dallas, TX (Dallas County)

Eco Friendly Dry Cleaning Plant with Drive Thru and Pick Up-Station
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Asking Price: $229,000

Cash Flow: $71,488

Gross Revenue: $349,651

EBITDA: N/A

FF&E: $75,000

Inventory: $3,000*

Established: 1989

*not included in asking price.

Eco Friendly Dry Cleaning Plant with Drive Thru and Pick Up-Station

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Business Description

Very well established eco-friendly dry cleaners plant with pick-up station in SW Dallas is now for acquisition. This dry cleaner plant and pickup was established in 30 and 20 years respectively and the current owner acquired them in 2017. There is one competitor in the immediate market area, but this business provides less expensive price than the competitor. Both locations are anchored by national supermarket and discount store next to a highway and on the intersection of two busy roads in the area. Overall demographics of the cleaners and pickup station are well mix of middle class Caucasian and African American individuals and family that live in the surrounding densely populated residential areas within each business location. Gross sales average for the plant is $23,000/month and the pickup location is $6,000/month that has been consistent throughout the last several years of operation without any proactive marketing. Proactive marketing will help increase sales as the current owners are doing minimal to none with marketing. There are many ways to proactively market these businesses such as direct mailing, social media outlets, website, drop-off area, and incorporating pick up and drop off services. Placing a manager in place of the owner will be also beneficial to the business as they will be able to better communicate with the customers and retain good relationships with them while the owner will be able to focus on back of the business and keeping the quality of the work consistent. This business has everything in place for a potential buyer to increase sales by proactively marketing this business while being fully involved in the day-to-day operations.

Listing ID #000772
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Employees:
4FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Plant is located in a 2,150 SF retail strip center and pick-up station is placed in 1,604 SF strip center and both are anchored by a high-end nationwide retail and grocery chain in an area of heavy traffic and walking pedestrians. All equipment is in good condition and in working order. The plant features a convenient drive thru.
Competition:
There are two competitors in the immediate market area, but one of them is soon to be closed and this business offers pay after garments are ready to pick up compared to required pre-pay for the other location.
Growth & Expansion:
Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential. The business is still using the old cash register and by upgrading to the POS system, the business will be run much more effectively and smoothly in terms of keeping up with the sales, customers, and overall drop off/pick up process.
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:
Family issues
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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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