Free-standing Eco dry cleaner with fantastic sales and huge potential to grow in North Dallas is available for acquisition. The business was first built in 2004 by the current owner of the dry cleaners. Two competitors were previously in the immediate market area, but due to these competitors closing down resulted in a large sales increase in 2015. Sales has stayed a consistent $330,000/year in the last 3 years and with the new government building being built beside the business the sales is expected to increase to $360,000/year. Current owner is marketing through yelp and go-pages, but will need to proactively market in the local communities to further increase the sales. Run as owner absentee, if the new owner puts more attention towards the business, SDE will increase drastically. Once the new development is complete, marketing to the finished government agency will provide the business with a new set of customers to grow revenue. Also, the new business next to the dry cleaners will generate $1,700 monthly rental income in July once the business is completely setup. The services provided at this operation include dry cleaning, laundry, leather cleaning, alteration, wedding dress, and supplies for general clothing maintenance. This dry cleaner is in a prime location with pylon sign to optimize viewing range of this business. Current dry cleaning machine was replaced with a state-of-the-art Eco friendly dry clean press. Higher quality dry cleaning services can now be provided with new machine and prices can also be changed in relation to quality of service. Prime location dry cleaning business with great yearly sales and huge potential to grow with more involvement.

Furniture, Fixtures & Equipment: $100,000 (Included in listed price)
Inventory: $4,000 (Included in listed price)
Real Estate: $1,100,000 (Included in listed price)
Financing: 100% down at the time of closing or 25% cash down with SBA Financing for Qualified Buyers.
Year Established: 2005
Employees: 4FT/3PT

Facilities: The automatic door, drive-thru and 24-hour drop box allows for easy access of customers. Pylon signage increases visibility of the business to potential customers and individuals driving past the business. Equipment all in excellent condition and well maintained. Previous dry cleaning machine was replaced with a brand new Hydrocarbon dry clean machine which is very Eco friendly.Support/Training: Owner will provide training during a 2-week period for a smooth transition into the business.
Reason Selling: Retirement.
Competition: Competitors within immediate market area have closed down and sales are rising since 2015.
Growth And Expansion: The huge development project beside the dry cleaners will create an immense increase in sales and customer traffic. Creating different pick-up stations and adding wholesale could benefit this operation greatly once marketed outward. The government building will be a two story 40,700 SF building that house offices for many government employees who will generate more customers.

Posted Apr 25, 2016

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