DescriptionA thriving dry cleaning and laundry service with deep community roots is now on the market. Operated by its current owner for six years, this business has built a strong reputation for affordability, reliability, and exceptional service. It boasts a loyal customer base and maintains strategic contracts with local institutions.
Key Highlights:
• Longstanding Presence: Serving the community for over 50 years.
• Diverse Clientele: Provides services to households, businesses, and specialized industries.
• Stable Revenue: Generated over $1 million in annual revenue.
• Prime Location: Centrally positioned with multiple drop-off points to maximize accessibility.
Facilities & Operations:
• Spacious Facility: A 5,000-square-foot space housing dry cleaning, laundry, and tuxedo rental services.
• Modern Equipment: Equipped with two dry cleaning machines, dryers, and a fleet of delivery vehicles.
• Strong Workforce: Employs 22 contract workers, ensuring efficiency and reliability.
• Online Presence: Maintains an active website with positive customer reviews.
Competitive Advantages:
• Affordable Pricing: Known for cost-effective services and special promotions.
• Institutional Contracts: Steady revenue stream from business partnerships.
• Flexible Transition: The current owner offers a two-month transition period, with an option to extend.
Growth Potential:
• Marketing Expansion: The company currently relies on repeat customers and word-of-mouth, but there are significant opportunities for digital and social media marketing.
• Additional Revenue Streams: Potential for growth through expanded online presence, more drop-off locations, or increased promotion of tuxedo rentals.
Sale Details:
• Reason for Sale: The Owner is retiring after years of successful operation.
• Handover Support: Training and consultation available to ensure a smooth transition.
This is a rare opportunity to acquire a profitable and well-established business with a strong foundation and room for growth.