This Business is Located in a Tropical Paradise on the Southwest Coast of Florida. It is a turnkey, recession resistant business. Walk in, turn on the lights and have strong positive cash flow on day one. This business has a loyal and constant clientele and currently provides service to roughly 9,500 customers. The asking price of $1,200,000 includes both the business ($600,000) and the Real Estate ($600,000).
The business operates efficiently with minimal involvement of the owner. The Owner works 15-20 hours a week, primarily working the front counter and greeting customers when they come in. When he is not there, the business runs like a top. The Manager of 10 years runs the day-to-day operation and has long term seasoned employees working for him. By adding one additional employee, this business could be totally an absentee management scenario and provide excellent passive income for an investor.
This is not your average Dry Cleaning Business. The owner runs an environmentally clean and eco-friendly operation that caters to the health and safety concerns of today's consumer. He has managed this business for 22 years and has a reputation for providing the cleanest, safest and most customer-friendly experience in town. A WET CLEANING PROCESS is used, which is a dry cleaning alternative that uses safe, eco-friendly additives to treat water so that it can be used to clean delicate fabrics. These are fabrics that would not withstand the heat and agitation of traditional dry cleaning methods.
The business is growing exponentially year over year. Revenue for 2022, and 2023 respectively was $436,890 & $537,867. Based on numbers through September of 2024 and projections for year end, this business is on track to well exceed $600,000 in Revenue for 2024. Financials are in excellent order with everything being totally transparent and accessible for serious buyers when doing their due diligence. The owner uses the "square" point-of sale system to track sales and monitor the day-to-day operation of the business. All numbers are verifiable. All equipment is in place, regularly serviced and and ready for a new owner.
The Owner wishes to sell the Real Estate where the main store and plant is located. He values this Real Estate at $600,000, which would be subject to an appraisal to substantiate the value. The Real Estate is not included in the listing price for the business, but it is part of the sale of this business. The business was listed separately to emphasize the excellent Cash Flow. A Buyer would get their money back in less than 3 years based on the cash flow for 2023 and the projected Cash Flow for 2024.
In addition to the main location, which houses the plant that processes all cleaning, they have a drop-off/pick-up store in one of the most populated, fastest growing areas in the county.This satellite store is located in a busy strip center and since its opening, business has been increasing exponentially. Both locations are high traffic locations with ample parking. The business is very scalable and is structured to handle a high volume of cleaning.
This is also a perfect opportunity for E-2 Visa candidates as well as an excellent opportunity for an owner-operator or an existing dry cleaning business looking to expand it's operation.
Don't miss out on owning a thriving business with a tremendous upside.
Ad#:2256620
