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Dry Cleaner Plant Two Drop Stores Route For Sale

Lee County, Florida, US
Asking Price:
$450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$402,765
Cash Flow:
$118,261

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.

Property Information

Real Estate:

Lease

Lease Terms:

Plant/Store NNN
2nd Store GROSS

Leasehold Rent:

$8,797 per annum

Location:

Strip center

Premises Details:

Standalone plant/drop store and second drop store

Size in square feet:
5,500

Business Operation

Expansion Potential:

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

Competition / Market:

Detailed in Confidential Business Review

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 7:00am to 6:00pm; Saturday 8:00am to 1:00pm

Employees:
8
Years established:
1960

Other Information

Support & training:

Four weeks of transition assistance at no charge

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

SBA lender pre-approval at $47,000 down

Furniture / Fixtures value:
$88,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price

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