Downtown Business Opportunity!
Business Description
Jones Cleaners represents an exceptional opportunity to acquire a well-established dry cleaning business with over 80 years of market leadership in Meridian, MS. Founded in 1940, this trusted name has built a loyal customer base and maintained its position as a market leader in the local dry cleaning industry.
The business operates from a prime downtown location in an 8,122 square foot building, offering excellent visibility and accessibility for customers. Currently managed as an absentee-owned operation, there is significant potential for an owner-operator to enhance performance and implement growth initiatives.
Financial Overview:
- Asking Price: $550,000
- Real Estate Value: $400,000 (included in sale)
- Furniture, Fixtures & Equipment: $125,000
- Inventory: $5,000 (included)
- Accounts Receivable: $20,000
- Complete turnkey operation with established revenue streams
- Will consider selling real estate only for $400,000.
Key Business Strengths:
- Over eight decades of continuous operation and brand recognition
- Established, loyal customer base in downtown Meridian
- Prime commercial location with high visibility
- Absentee ownership model demonstrating operational stability
- Comprehensive asset package including real estate ownership
Growth Opportunities:
- Expansion into wholesale cleaning services
- Expansion of laundry services to complement dry cleaning
- Expansion of delivery and pickup services
- Development of digital marketing presence and website
- Enhanced social media marketing strategies
The sale includes all real estate, furniture, fixtures, equipment, accounts receivable, and inventory, providing a complete business package. The current owner offers negotiable training and support terms to ensure smooth transition.
This is a wonderful opportunity to acquire an established business with significant expansion potential in a stable market. The combination of prime real estate, established operations, and growth possibilities makes this an attractive investment for entrepreneurs seeking a proven business model with room for enhancement.
Ideal for buyers looking to enter the service industry with an established customer base and strong local reputation.
The business operates from a prime downtown location in an 8,122 square foot building, offering excellent visibility and accessibility for customers. Currently managed as an absentee-owned operation, there is significant potential for an owner-operator to enhance performance and implement growth initiatives.
Financial Overview:
- Asking Price: $550,000
- Real Estate Value: $400,000 (included in sale)
- Furniture, Fixtures & Equipment: $125,000
- Inventory: $5,000 (included)
- Accounts Receivable: $20,000
- Complete turnkey operation with established revenue streams
- Will consider selling real estate only for $400,000.
Key Business Strengths:
- Over eight decades of continuous operation and brand recognition
- Established, loyal customer base in downtown Meridian
- Prime commercial location with high visibility
- Absentee ownership model demonstrating operational stability
- Comprehensive asset package including real estate ownership
Growth Opportunities:
- Expansion into wholesale cleaning services
- Expansion of laundry services to complement dry cleaning
- Expansion of delivery and pickup services
- Development of digital marketing presence and website
- Enhanced social media marketing strategies
The sale includes all real estate, furniture, fixtures, equipment, accounts receivable, and inventory, providing a complete business package. The current owner offers negotiable training and support terms to ensure smooth transition.
This is a wonderful opportunity to acquire an established business with significant expansion potential in a stable market. The combination of prime real estate, established operations, and growth possibilities makes this an attractive investment for entrepreneurs seeking a proven business model with room for enhancement.
Ideal for buyers looking to enter the service industry with an established customer base and strong local reputation.
About the Business
- Years in Operation
- 85
- Number of Employees
- 8
- Facilities & Assets
- Real Estate, Fixtures, Equipment are all in good working condition and have been well maintained.
Will consider selling real estate only for $400,000. - Market Outlook / Competition
- Market conditions moderate, with Jones cleaners being a market leader in the dry cleaning business for over 80 years.
- Opportunities for Growth
- There are numerous opportunities for growth and expansion including wholesale services, expansion of laundry service, expansion of delivery service, website and social media marketing.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 8,122
About the Sale
- Seller Motivation
- Business is currently absentee operated and owners desire to pursue other inter
- Transition Support
- Seller will provide support & training with negotiable terms.
- Financing Options
- None
Listing Info
- ID
- 2404474
- Listing Views
- 165
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2404474 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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