Full Service Dry Cleaning Company-Profitable

Saint Petersburg, FL
Pinellas County


Asking Price: Annual Revenue:
$259,000 $165,551

Services: Dry Cleaning & Laundry


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RE: Full Service Dry Cleaning Company-Profitable Broker: Brian Stephens

Quick Facts

Asking Price: $259,000
Annual Revenue: $165,551
Net Profit: Not Disclosed
Cash Flow: $77,764
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 2
BBN Listing #: 816344756
Broker Reference #: 883-90409

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Business Overview:

Dry-cleaning services company. Completely equipped for all in-house cleaning. Training included. The owner learned the business from the original owner. The equipment is a bit old, but in full working condition and well-maintained. Robust and loyal customer base.

This company provides a full range of on-site dry-cleaning services.

Services include:
• dry cleaning
• laundering and pressing
• wash and fold
• comforter and duvet cover specialty
• same-day service
• wedding dress cleaning
• wedding dress preservation
• button replacement
• repairs and alterations

They handle both personal as well as commercial accounts. They have an excellent reputation, and they've been in the industry for several decades.

They stand out from their competition in several ways. They are in a very dense neighborhood which allows for a lot of extra customers and plenty of traffic. Since they are a full-service on-premises dry-cleaning company, it can turn urgent customer requests into same-day performance.

Mon-Fri:7:00 AM – 6:00 PM
Sat: 8:00 AM – 2:00 PM
Sun: Closed

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Property Features and Assets:

Great location with strong visibility and ample parking. Lease terms can be negotiated to fit your specific needs. The owner will connect you with the Landlord before taking over the business.

Market Competition and Expansion:

So far, the vast majority of the business comes from word of mouth, and its long-standing reputation has attracted a lot of loyal customers. Located in a densely populated area of Saint Petersburg, there are other opportunities to increase sales and revenues. There are probably several different ways to grow the business. The current owner does no marketing. They do have an excellent website. One way to grow sales would be to extend hours and/or to open Sundays – although it is nice to run this business with just a few hours on Saturdays and not work on Sundays. Another way to grow sales and profits is to bring in extra labor and provide additional services. Pick-up and delivery are very popular but have not been utilized in this business. Bring on your business development skills and take this to a whole new level.

Reason for Selling:

Ready to Retire.

Additional Details:

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

Documents:

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