Est. Dry Cleaning & Laundry Service-Hampton Roads

Est. Dry Cleaning & Laundry Service-Hampton Roads

Est. Dry Cleaning & Laundry Service-Hampton Roads

    • Listing# : 19477
    • Listed Price : $495,000
    • Total Sales : $915,569
    • SIC : 7219
    • Down Payment : $49,500
    • Status : Active
    • Discretionary Earnings : $182,170

Business Type

Cleaning / Dry Cleaners

Business Description

Located in Hampton Roads Virginia in the heart of a sought after community, this business sits within a dense residential hub of 3,000+ homes in a one mile radius and benefits from a strong, stable military population. The area’s demographics create a steady flow of repeat customers and long term service relationships.Diverse Revenue Streams & Strong Institutional RelationshipsThis operation provides a full suite of dry cleaning and laundry services, supported by a network of established commercial accounts. Current partnerships include:· Multiple hotels· A local high school· Several business clientsThese accounts rely on the business for pickup and delivery services, creating consistent, predictable revenue and opportunities for expansion.Community Driven Marketing With Exceptional Customer LoyaltyMarketing efforts are deeply rooted in community engagement. The business actively supports local organizations through fundraising ads, participates in neighborhood events, and maintains a personal touch  every new customer receives a handwritten thank you card from the owner.This commitment to service excellence is reflected in the company’s outstanding 4.8 Google rating, a powerful driver of new customer acquisition.Competitive Advantage Through Pricing & PerformanceThe business conducts an annual competitive benchmark to ensure pricing remains 10% to 25% below local competitors, depending on garment type. This strategic pricing, combined with high service quality, positions the business as the value leader in the market.Consistent Growth & Significant Upside PotentialRevenue has increased for two consecutive years:· 2023 to 2024: +9.7%· 2024 to 2025: +6.7%With a growing residential base, strong military presence, and untapped opportunities in commercial accounts and delivery services, this business is primed for continued expansion.


Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $0
    • Incl:
    • Liabilities: $0
    • Incl:
    • FF&E: $233,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $0
    • Incl:
    • Total Assets: $233,000
    • Incl: Yes

Get More Information

For inquiries or to get in touch with us directly, please feel free to reach out via the provided phone number or complete the form below. We’re here to assist you in any way we can, making your business exploration as seamless as possible.

David Chebalo

(757) 524-6032

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Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $0
    • Incl:
    • Liabilities: $0
    • Incl:
    • FF&E: $233,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $0
    • Incl:
    • Total Assets: $233,000
    • Incl: Yes

EXPLORE MORE OPPORTUNITIES

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