Dry Cleaner Plant, 2 Drop Stores, Route

Not Disclosed, FL
Lee County


Asking Price: Annual Revenue:
$450,000 $402,765

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner Plant, 2 Drop Stores, Route Broker: Eric J. Gall
License #: BK3217067
Owner Financing is Available!
SBA lender pre-approval is pending.

Quick Facts

Asking Price: $450,000
Annual Revenue: $402,765
Net Profit: Not Disclosed
Cash Flow: $118,261
Total Debt: Not Disclosed
FF&E: $88,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 8
BBN Listing #: 470256894
Broker Reference #: 964-21005

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Business Overview:

Dry Cleaners with a physical dry-cleaning plant and retail store and a second retail store.  This dry-cleaning plant has a capacity of roughly $2M annually (with some additional equipment) and includes everything required to run a turnkey business including a boiler, delivery van, and recent re-piping.  The plant and retail outlets are exceptionally clean with an energetic, motivated staff.  The purchase includes over $85,000 of furniture fixtures and equipment, approximately $1,000 of inventory, and additional work-in-process inventory.

2020 numbers were greatly impacted by the COVID-19 pandemic as professionals were working remotely and dressing more casually.  The owner recently landed a large commercial contract that should help mitigate some of the decline in revenues as the pandemic recedes and customers return to their normal dress and dry cleaning habits.

Acquisition of this business includes the following opportunities:

- Established market position with an excellent reputation. 
- Plant and primary retail outlet strategically located in high traffic, high employment area.  Second retail outlet strategically located off of heavily traveled interchange.
- Opportunity for a new owner to initiate marketing to drive additional sales.
- Opportunity to add additional retail outlets.

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

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Property Features and Assets:

$5,500 square feet - Standalone plant/drop store and second drop store in a strip center.

Market Competition and Expansion:

- Opportunity for a new owner to initiate marketing to drive additional sales. - Opportunity to add additional retail outlets.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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