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Details

Long established dry cleaning plant established for over two decades is available for your acquisition. This business was originally established in 2001 and was later acquired by the current owner of the business in late-2019 November. Surrounded by many residential neighborhoods with high household incomes, this business is poised for future growth in a largely untapped marketplace. Competition can be expected for this industry, but this competes with all local competitors by having top-of-the-line hydrocarbon machines that provide high-quality services at an affordable price point. Gross sales have been $120K per year and have been consistent since the acquisition of the business in 2019. While some marketing is through direct mail and Valpak, delivery services and corporate accounts can help this business grow at a very fast pace. Adding a satellite pick-up station will also boost sales by capturing the untapped market of various local areas. The owner of the business also operates this business as an owner-operator working full-time managing the business as well as keeping all the books and records up-to-date. State-of-the-art equipment less than 3 years old within this facility will allow the new potential owner to seize many new opportunities for growth in the near future. This is a fantastic business with huge growth potential and is ready for a potential buyer to take it to the next level.

Furniture, Fixtures & Equipment: $175,000 (Included in listed price)
Inventory: $1,000 (Included in listed price)
Financing: 100% down at the time of closing.
Year Established: 2001
Employees: 2FT

Facilities: This business is located in a 1,750 SF space of a retail strip center surrounded by many residential neighborhoods and retail businesses. The majority of the equipment is less than 3 years old hydrocarbon machines that are state-of-the-art within the industry.
Support/Training: The owner of the business will provide the necessary training needed for a smooth transition into the business operation.
Reason Selling: Other Opportunities
Competition: Few competitors are within the immediate market area, but this business competes with those competitors with higher quality machines that provide excellent quality at affordable price points.
Growth And Expansion: Marketing is done to the local area through Valpak, direct mailing, and word of mouth. This dry cleaning plant would benefit immensely if they add satellite pick-up stations around the local area and provide delivery services.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.