Full Service Dry Cleaners and Laundry Facility for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30278827
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Sale Price: $200,000
Unit Price: $62.50 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Dixie Cleaners
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/6/2019

Overview / Comments

Full Service Dry Cleaners and Laundry Facility for Sale

Business For Sale at $1,050,000 & Real Estate for Sale at $175,000

Dixie Cleaners, a full-service dry cleaning and laundry business is for sale, including the Real Estate. This is a family owned business that was founded in 1945 (73 years). The current owners are retiring. This business is unique in that 80% of the sales are generated through home & business pick up and delivery. The phenomenal growth in the market area has resulted in 10% route growth per year for the past 5 years. Because of the current improved economy and the soon to open Volvo plant only 15 minutes away, the growth rate could easily double. Dixie Cleaners serves the area from Holly Hill to Charleston including Mount Pleasant, Moncks Corner, Summerville and St George. The zip codes are listed on the company website, Dixiecleaners.com. The flexibility of the pickup and delivery provides immediate dry-cleaning service to housing developments as they are built. The business has a unique marketing plan that will be shared with the new owner.

Dixie Cleaners currently runs five routes and the potential exists to add a sixth route in the near future. 85% of the route business is home pickup and delivery and 15% is business pickup and delivery. Pickup and delivery days are Monday / Thursday and Tuesday / Friday, with every customer receiving twice per week service. The business is staffed with 15 employees.

Dixie Cleaners utilizes an environmentally friendly cleaning process. (no perchloroethylene has EVER been used in this facility.) The plant has many updated features to efficiently clean, track and process all garments.

The 3200 sq ft facility is located in downtown Holly Hill

Attachments & Media

Additional Details

Nearest MSA: Orangeburg
County: Orangeburg
Submarket/Township: 83 - Orangeburg County
Tax ID/APN: 0339-17-12-001.000
Retail Clientele: General, Business
Property Located Between: Old State Road and Peake Street
Property Visibility: Excellent
Largest Nearby Street: Old State Street
Property Condition: Excellent
Year Built: 1968
Construction/Siding: Brick/Aluminum Siding
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,422 1,422 6,338
Median Age: 39.36 39.36 39.9
Households: 571 571 2,414
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