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Multi-unit Dry Clean And Laundry Business In North Dallas, Collin County For Sale

North Dallas, Collin County, Texas, US
Asking Price:
$900,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,155,434
Cash Flow:
$261,331

Dry cleaners for sale with multiple established units. Nearly two decades of established franchise dry cleaning plants with three pick-up stations in the North Dallas area are now available for acquisition. The plant and first pickup station were established almost two decades ago, in 2004, and were later acquired in 2006 by the business's current owner.

The second pick-up station was acquired in 2012, with the third pickup station being acquired in 2020. Competition is expected in this industry. Still, this fully equipped dry cleaning plant and prime location pickup stations have been strategically positioned in the immediate market area of each location. They have been successfully operated with revenues that have grown throughout many years of providing cleaning services. The overall demographics of the plant and pickup stations are mostly upper-class white-collar families and kids that must dress well for work, school, travel, and a mix of other ethnic groups from nearby neighborhoods, local businesses, and offices.

This well-established dry-cleaning plant and pickup stations offer full-service dry cleaning and laundry services as well as alteration, leather, and wedding gown cleaning, in which all the work is done on the premises at the plant, along with wash and fold services. Sales of all 4 locations grew until the COVID-19 pandemic, greatly impacting the dry cleaning industry. These dry-cleaning plant and pick-up stations have recovered 80% of the business, reaching nearly 1.1 million in 2022. Proactive marketing is crucial to this business's continued growth, and current marketing efforts are minimal, with occasional paper ads such as paper coupons and a very weak online presence. Although there are many ways to proactively market these dry cleaners, online-based marketing, such as social media outlets, email marketing, web-based advertisements, and online app services, will bring new customers and contribute to the business's continued success.

Tapping into the wholesale dry cleaning market and home pickup and delivery services can also offer additional opportunities for new owners. Acquisition of these dry cleaners for sale will give the buyer access to a stable and considerable cash flow business with a solid customer base built for almost two decades that can be further expanded to its full potential through proactive marketing and tapping into new business opportunities.

Property Information

Real Estate:

Lease

Location:

Each of the four locations is strategically located in proximity to the main plant and placed along high-traffic routes to increase its market share in the geographical region.Franchise Dry cleaner Plant and three pick-up stations are located in North of DFW. Dry cleaner plant is occupied in 2,400 SF in an end cap space of a retail strip center facing the heavily traffic road with 24 hr drop box and drive through for convenience and best experience of every customers. #1 Pick-up station occupied in 1,530 SF in an end cap space of a retail strip center with a drive through anchored by a prominent gas station that draws in immense traffic. The #2 pick-up store occupies a 1,900 SF space in an end cap space of a retail strip center with a drive through that is surrounded by many national brand name chains and retailers anchored by a prominent national grocery chain. #3 Pick-up station occupies 1,125 SF of space in a retail strip center All equipment are working and in impeccable condition.

Size in square feet:
2,400 SF

Business Operation

Expansion Potential:

There is still much growth potential for this 4-location franchise cleaner and pick-up station. As the surrounding areas of the business continue to develop, these cleaners will grow organically from the population influx. The current dry-cleaning industry has been heavily affected by the Covid Pandemic and has not fully recovered. Still, as the overall workforce returns to work, this 4-location franchise cleaner and pick-up stations volume is expected to return to pre-pandemic levels as it is currently at 80%. Implementing a strategic marketing plan, adding more pick-up locations, and adding services such as pick-up and delivery, will be the key to growth.

Competition / Market:

Adapting to changing industry while maintainig same level of quality and service customers want.

Reasons for selling:

Other Opportunities

Employees:
11FT/5PT
Years established:
2004

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

Financing available:

100% cash down or SBA financing with 20-25% cash down available for qualified buyers.

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$5,500 - included in the asking price
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