Dry Cleaning Drop Store with Alterations

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$99,900 $154,690

Services: Dry Cleaning & Laundry

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RE: Dry Cleaning Drop Store with Alterations Broker: Erin Crawford

Quick Facts

Asking Price: $99,900
Annual Revenue: $154,690
Net Profit: Not Disclosed
Cash Flow: $48,690
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 2
BBN Listing #: 3071630
Broker Reference #: 6401168210

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Business Overview:

Two business, one location. Dry Cleaning Drop store, alterations, shoe repair, and wash and fold. Established 10 years. Good lease in great location. Ideal for husband and wife team. Buyer purchased and was going to relocate but unable to relocate due to kid's school, has to drive too far to run the store. Additional Boutique store added to the main store in July 2019 which has handmade gift articles, ladies clothes, jewelry and many more. Boutique store partner responsible for bring all merchandise & maintain inventory, store owner just sell merchandise and keep 40% of the sales price, additional income with minimum effort. Owner willing to continue doing the alterations remotely for new owner.Please refer to listing number 6401-168210 and advisor Erin Crawford when inquiring.

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Property Features and Assets:

Lease/Month: $3,400; Square Footage: 1,100; Building Type: Commercial; Terms & Options: Negotiable; Expiration Date: 11/30/2022.

Market Competition and Expansion:

Store is big enough with large extra empty room to add a retail/gift store or onsite shoe repair setup or small office or possibly high end purse consignment etc.

Reason for Selling:

Too far from home.

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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