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Biz Exit Brokers & Advisors

Owner-operator Opportunity – Dry Cleaner W/ Drop-off Location For Sale

Tri-Cities, Tennessee, US
Asking Price:
$250,000
Sales Revenue:
$344,160
Cash Flow:
$158,087

Imagine stepping into a thriving dry cleaning business that's already won the hearts of the Elizabethton community. This isn't just any opportunity – it's your chance to own an established operation that's been serving loyal customers for years.
Here's what makes this special: You'll get not one, but two locations working together seamlessly. Your main plant handles all the production – cleaning, pressing, and finishing – while a convenient satellite drop-off location 15 miles away captures customers from neighboring communities. It's like having your cake and eating it too – expanded reach without the headache of duplicating equipment.
Your customers will rely on you for everything from delicate dry cleaning and tough stain removal to laundering bedding, linens, and specialty items. The variety keeps things interesting, and the steady demand keeps revenue flowing.
What you'll love most is how turnkey this opportunity is. The infrastructure is already in place, equipment is well-maintained, and you've got experienced staff who know the business inside and out. Whether you're coming from a laundromat or ready to dive into your first dry-cleaning venture, the straightforward operations make this perfect for an owner-operator.
The community reputation speaks for itself – customers trust this business for dependable service and quality results. You're not starting from scratch; you're stepping into a proven business model with an established customer base that already knows and values what you'll be offering.
This is more than a business purchase – it's your opportunity to become an essential part of two communities while building on years of goodwill and success.

Property Information

Real Estate:

Lease

Lease Terms:

working on geting it updated

Leasehold Rent:

$3,400 per annum

Location:

On the main road through town

Premises Details:

Fully operational dry cleaning and laundry facility. Satellite drop?off-location serving additional market, Established reputation in the local community, Wide range of cleaning services: garments, linens, comforters, draperies, etc. Experienced staff and existing operational workflows. Opportunity to enhance services (delivery routes, wash and fold, corporate accounts)

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There are meaningful opportunities for a new owner to expand revenue and market share, such as: Introducing a pickup & delivery service to both residential and commercial customers, adding wash & fold or subscription laundry services, developing local business accounts (hospitality, healthcare, corporate uniforms), and increasing marketing and customer outreach in the region

Competition / Market:

Local Independent Dry Cleaners Other standalone cleaners in Elizabethton, Johnson City, and neighboring towns. These businesses offer similar services: dry cleaning, laundry, stain removal, and pressing. They typically compete on price, turnaround time, quality, and reputation.

Reasons for selling:

retiring

Employees:
4
Years established:
42 Years

Other Information

Support & training:

The current owner is willing to provide transitional training and support to ensure continuity of operations, including introduction to key vendors, customer relationships, and day-to-dayday workflow processes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$300,000
Inventory / Stock value:
$2,000