Local Dry Cleaning Chain
www.GlobalBX.com
Listing ID:
700333443
Listing Title:
Local Dry Cleaning Chain
Quick Link:
http://www.globalbx.com/listing.asp?bId=333443
Industry:
Business Services
Industry Segment:
Laundry
Country:
United States
State / Province:
Arkansas
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$530,000
Cash Flow:
$124,605
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2018
Number of Employees:
1 - 3
Business Description:
A strong local chain of dry cleaners with a consistent history
This listing is an opportunity to acquire a solid small chain of local dry cleaning locations in Northwest Arkansas. This business includes a plant located on a prime retail corner. There is a GREAT opportunity to add additional satellite locations to gain incremental sales while still using the existing plant. The sellers also own the real estate, which could be included in the sale for interested parties.
The business uses a technologically-advanced system, which includes a thermal barcode tagging system, an app for delivery services, and BRAND NEW equipment. A savvy new owner could find plenty of ways to fill the excess plant capacity.
Competitive Overview The competitive set in Northwest Arkansas is comprised mostly of smaller regional players. Comet Cleaners is the largest franchise competitor, though most of their locations are in Texas.
Potential Growth
- Much room to expand pick-up & delivery services, an initiative that is still new and fast-growing
- Potential for many additional satellite locations in Northwest Arkansas
- Opportunity to ramp up a much more aggressive advertising campaign
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