MergerPlace

Dry Cleaner Plant 6 Drop Stores

Florida (Palm Beach)


  • Asking Price: $1,295,000
  • Gross Income: $1,390,985
  • Cash Flow: $304,103
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $100,000
  • Listing ID: #220148
  • Established: 2003
  • Employees: 20

Business Description

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 561 346 5597 when you inquire about this listing.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20

Financial Information

Asking Price: $1,295,000
Gross Revenue: $1,390,985
Cash Flow: $304,103
FF&E: $100,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 12015 Square Footage: 7500 Building Type: Retail Terms & Options: Multiple Expiration Date: 2/28/2022

Competition:

Non Compete : Miles: 50 Years: 5

Reason for selling:

Retirement

Support & Training:

For 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Erin Crawford

Transworld Business Brokers of Central Florida