ESSENTIAL BIZ- Open Dry Cleaner Plant

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$1,295,000 $1,390,985

Services: Dry Cleaning & Laundry


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RE: ESSENTIAL BIZ- Open Dry Cleaner Plant Broker: Erin Crawford

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $1,390,985
Net Profit: Not Disclosed
Cash Flow: $304,103
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 20
BBN Listing #: 6146630
Broker Reference #: 6401102411

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Business Overview:

Full service dry cleaning operation with 1 plant and 6 drop stores servicing retail clients, wholesale for other drop stores, multiple corporate routes serviced by 3 vans. All long term leases in place. Plant lease includes water and landlord required to perform environmental if needed. 2 locations have no rent and the owner is semi-absentee. Excellent middle management in place. Services include dry cleaning, alternations, and shoe repair as well. Established in 2003 by original owner and growth organically and through acquisition. Please refer to listing 6401102411, business broker Erin Crawford when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $12,015; Square Footage: 7,500; Building Type: Retail; Terms & Options: Multiple; Expiration Date: 2/28/2022.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 5

Reason for Selling:

Retirerment

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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