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20+ Year Established Pick-Up Station In Affluent Neighborhood for sale in Northwest Dallas, TX

Northwest Dallas, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 35,000 $ 80,000 $ 15,000

Furniture and Fixtures Value:
$ 5,000 (included in the asking price)

Inventory Value:
$ 1,500 (included in the asking price)

Business Summary:
20+ years established prime location full-service dry cleaning pick-up station in Northwest Dallas is available for acquisition. This business was acquired by the current owner in 2001 and has been established many years before the acquisition. This business had been operating as a full plant for the last 15 years and converted to a pick-up station in 2018. This business is in a 975 SF space of retail strip center is located next to an intersection with heavy traffic and is surrounded by luxury apartments, upper-class gated community neighborhoods, hotels, and many corporate offices. The overall sales have decreased quite a bit after one of the nearby corporate offices has relocated approximately 5 years ago due to its parking garage collapsing unexpectedly. Current monthly sales are $7,000/month and have been consistent last few years without any marketing whatsoever and solid repeat and regular customers. The majority of the customers are upper-income individuals with a lot of disposable income from a very affluent gated community residential neighborhood, high-end apartments, and corporate offices. Due to the owner's age, they have not been proactive in marketing at all and there is no marketing or advertising in place whatsoever other than regular customers that have been coming for years and years. All marketing tactics need to be utilized to further grow the overall sales including all online and social media outlets, direct mailing with flyers and coupons, offering pick up and drop off service, and reaching out to many corporate offices and medical offices wash and fold. Also, the current owners using an outdated cash register and by upgrading to POS will allow the business to enhance customer service and keep track of all customers. This is a great opportunity for a buyer who already owns a plant to expand their business into this prime location with low rent and a lot of potential by implementing more proactive marketing efforts.For more info, please call Kevin Chung at 1-866-519-2421.

 

   
Year Business was Established: 1990
   
Facilities / Terms of Lease: This business located in 975 SF space of retail strip center is next to a busy intersection that is heavily surrounded by high-end apartments, houses, hotels, corporate offices, medical offices, and an event center.  
   
Potential Growth/Expansion: No marketing is done at the current moment except through word of mouth, but more proactive marketing methods need to be utilized in order to keep the business to continue to grow in sales and to acquire new customers.  
   
Competition: There are few competitions in the immediate area, but since this business has been operated by the same owner for almost 20 years, the customer base is established with regular customers.  
   
Owner willing to finance: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.  
   
Owner willing to train: The owner will provide sufficient training for an agreed upon period to make the transition into the business as seamless as possible.  
   
Reason for selling: Retirement  
   
Seller Reference Number: 000978
BusinessMart.com Listing Number: 253992
 

 

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For more info contact:

V-AID Group

www.v-aidgroup.com
866-519-2421

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