LISTING DETAILS
Listing Status: New
Asking Price: $115,000
Total Sales: $190,396
Cash Flow: $53,805
Real Estate Asking Price: N/A
FFE: $5,000
Inventory: N/A
FFE Included in Sale: Yes
Inventory Included in Sale: No
Real Estate included in Sale: No
Year Established: 1991
Employees: 1
Description
Business Summary:
Excellent opportunity to own a dry cleaning drop-off and pick-up business located in the eastern part of Loudoun County. The business is well-established having served the community for over 30 years and is located in a popular and growing part of Northern Virginia. The business has good visibility and easy access from prominent thoroughfares. This greater area has seen continued growth and development with residential housing, condos, and apartments as well as many condos and apartments under construction nearby.
The business is situated on the ground floor of a professional office building with excellent visibility and accessibility from the surrounding shopping center. The business has good signage and a 24 hour drop-off box for customer convenience. There are several well-known anchor businesses including a number of national brands and many other complementary stores in the immediate vicinity. There is also a significant residential presence in the general area. The landlord provides great service and promptly responds to maintenance calls and maintains all the landscaping and flowers in front of the business.
The commitment to courteous service with fair prices has enabled the business to grow and expand over the years while maintaining high quality dry cleaning, laundry, and alterations services. The business has a fantastic reputation with a loyal customer base making this a true turnkey opportunity that’s ready for a new owner.
Description of Facilities: The business is situated on the ground floor of a professional office building with excellent visibility and accessibility from the surrounding shopping center. The interior space measures 1,049 square feet along with a spacious fitting room. The space is leased for approximately $4,421/mo (Base Rent of $4,160, plus CAM of $261) with a couple of years left on the existing lease and the landlord is willing to provide options to extend.
Competition: There is standard competition for the industry and market, but the business has a loyal customer base which is backed up by excellent online reviews. The business successfully navigated the pandemic, which was a challenge for the industry and has shown stable revenue and cash flow numbers in recent years. So far in 2025 there has been notable uptrend in revenue as many customers physically return to their offices for in-person work.
Growth & Expansion: There is room for growth and expansion. A new owner may want to consider implementing a new marketing and advertising campaign and establishing a website to create further awareness of the business and its services. Pick-up and delivery service can be a high profit margin opportunity, which a new owner may choose to explore.
Seller Financing Available: Yes
Seller Financing Terms: Available depending on the final purchase price, terms and qualifications of the buyer.
Reason for sale: Owner is retiring.
Training & Support: Seller will provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
