Prime retail end-cap location Eco dry cleaning business with brand new top-of-the-line hydrocarbon d/c machines is available for acquisition. Established in early 2006 and was later acquired by the current owner of the business in mid-2008. While competition is expected for any dry cleaning business, this business diversified itself from all competition by providing high quality service with a higher price point than all competition which attracts upper-class individuals. Majority of the customers are upper-class Caucasian individuals from the nearby neighborhoods and local area that's been built since establishment in 2006. Sales average in the past few years were $305,000 - $315,000/year which has shown a consistent pattern of moderate growth in sales. The location of the business has tremendous traffic which can be utilized by local marketing to attract customers that frequent this extremely busy intersection. Proactive marketing is crucial to the growth of the business since this dry cleaning facility provides the only high service/high quality in the immediate market area. Marketing towards the wholesale industry will provide a consistent source of residual income along with the current income that comes from individuals for this business. Additionally, pick-up and delivery service will drastically increase the range of customers that are provided service from this business within the city and contribute a larger profit margin from this service alone. Product & services provided at this business consists of dry cleaning, laundry service, and alterations for any article of clothing which is all done by the brand new top-of-the-line hydrocarbon dry clean machines. This business is expected to grow further with the involvement of a proactive owner that can identify the necessary steps for marketing needed to exponentially grow this business as the best quality dry cleaning business in the area.
Furniture, Fixtures & Equipment: $150,000 (Included in listed price)
Inventory: $5,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2006
Facilities: Located in a 2,275 SF retail end-cap space that is near an extremely busy intersection with large amount traffic. All equipment is in impeccable condition and in working order along with brand new hydrocarbon dry clean machines. Many of major equipment have been replaced with new in the recent years such as dry cleaning suzy press, dry cleaning pants topper, swamp cooler and more. Unlike most of dry cleaning plant, this cleaner does not do any cleaning work on Saturday which gives current owner more flexibility and relaxation on Saturday. Support/Training: Owner will provide training during a 2 week period for a smooth transition into the business.
Reason Selling: Retirement.
Competition: Few competitors are within the immediate market area, but the competitor's price point attracts a completely different demographic of individuals compared to this high-end dry cleaner.
Growth And Expansion: Current owner never participated in any pro-active marketing. The business has grown to this point mainly thru word of mouth, but providing pro-active marketing in the local area will drastically increase sales as well as attract customers from un-tapped areas. Wholesale industry, pick-up & delivery services, and opening up drop stores remain untapped...
Asking Price $295,000
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