24% NOI Dry Cleaning and Laundry Business with Real Property

Highlights:

• Multi-year positive NOI of 24% on average, above industry averages (~10-20%) with strong multi-year sales averages from recurring business.
• Sale includes business assets, equipment, goodwill and real property across 5 parcels providing visibility, access, and on-site parking.
• Conservative real estate indication approximately $977,000± for buildings only with additional land value not included.
• Established in 2004 with trained staff and owner transition support available.
• Diversified service lines including dry cleaning wash and fold alterations household textiles commercial linen and route capability.
• Documented procedures preventative maintenance and service history that support quality consistency and lower redo risk.
• Diversified customer mix of individuals and businesses.
• Recurring revenue from strong customer relationships and commercial contracts.
• Dense residential area that supports steady weekday and weekend demand.
• Equipment included in sale - list available and included in Section 2.
• Full financials with signed confidentiality - financial summary in Section 1.
• Ample growth opportunities in digital and direct marketing, expanding commercial accounts, subscriptions, and additional revenue streams.

Description:

This dry cleaning & laundry business offers immediate cash flow, reduced operational risk, & proven stability. Operating since 2004, Grapevine generates consistent multi-year profitability with an average NOI over $165k for a ~24% margin (industry averages are ~10-20%), driven by recurring revenue & a diversified revenue stream. Services span dry cleaning, wash & fold, alterations, household textiles, & commercial linen, allowing resilience across cycles. The sale includes all operating assets, equipment, goodwill, & 5 parcels of real property for operational control & long-term value. Established systems, customer mix, & trained staff reduce transition risk leaving clear upside through marketing optimization, commercial account expansion, subscriptions, & route development. Positioned in a dense residential area, the business is well suited for an owner-operator or investor seeking a proven opportunity with scalability. Full financials available with signed confidentiality agreement.

The main industrial facility building located on Warfel Avenue, minutes from the Bayfront Connector & I-90, major commuter corridors. The State Street building, just a few blocks from Peach Street, is used for pick up and drop offs and adds visibility and operational flexibility for counter service or routes.

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