Established & Growing Organic Dry Cleaner

Chester County, PA

Established & Growing Organic Dry Cleaner
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Asking Price: $382,000

Cash Flow: $129,460

Gross Revenue: $461,152

EBITDA: N/A

FF&E: $345,000

Inventory: $1,000

Established: 2009

Established & Growing Organic Dry Cleaner

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Business Description

Profitable Organic Dry Cleaner serving the Main Line with huge upside!

Established and Growing on-premise Organic Cleaner serving the Main Line. This environmentally friendly business continues to capture clientele through their strong commitment to quality & customer service. The business offers free delivery/pick-up service for both residential and business accounts from Wayne to West Chester through their state-of-the-art Customer App and garment tracking system. The plant has cleaning equipment & space to scale production for an expanded delivery area, increased accounts and/or wholesale service offerings. Surrounded by business complexes, hotels and affluent neighborhoods, this business is positioned to expand market share and grow revenues. Don’t miss this opportunity to take a successful business to the next level!

Detailed Information

Location:
Chester County, PA
Inventory:
Included in asking price
Employees:
1 FT/7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates in a 2940 sq. ft. stand-alone building located on a high-volume traffic artery with surrounding business complexes and affluent neighborhoods. The dry cleaning plant has been well planned for optimum work flow and the capacity to double production to accommodate expanded clientele and/or wholesale services. Monthly rent is $4,417 (plus, $500 CAM). Lease expires on 5/31/2021 with two 5-year renewal options.
Competition:
As a true environmentally friendly dry cleaner, this business continues to expand its clientele at the expense of other local dry cleaners in their service area. The customer value proposition of free delivery & pick-up coupled with high quality, on-premise cleaning services has earned a loyal customer base and strong referral business. Although there are a variety of dry cleaners in the area, the majority of these dry cleaners outsource their cleaning which results in uneven quality of cleaning and a more transient customer base.
Growth & Expansion:
This business as continued to grow its clientele through a high quality of service and free pick-up & drop-off. There are many potential growth options for this business: 1) expand marketing campaigns, 2) expand their delivery/pick-up coverage radius (greater Delaware County coverage and/or the addition of Montgomery county areas), 3) provide wholesale cleaning services to other Dry Cleaners, and 4) increase accounts (i.e. business, hotels, apartment complexes, schools).
Support & Training:
Will train for 2 weeks @ $0 cost. This business offers a broad range of cleaning services for clothing and other textiles including organic dry cleaning, professional wet cleaning, wash and fold hang dry, laundered & hot pressed shirts, and expert tailoring and alterations. The business offers free pick-up and delivery service which is supported by their Customer App (iPhone or Android) and/or their Internet Portal. Additionally, their state-of-the-art bar code system tracks garments from start to finish minimizing delivery of incomplete orders, lost garments and eliminating paper tickets.
Reason for Selling:
Owner pursuing other business interests.
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Marwan Nabulsi

Business Listed By:
Marwan Nabulsi

Murphy Business & Financial Corporation

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