Located in a Tropical Paradise on the Southwest Coast of Florida, this turnkey, recession resistant business is not your average Dry Cleaning 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 business is growing exponentially year over year. Revenue for 2021, 2022, and 2023 respectively was $329,095, $436,890 & $537,867. 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.
There is no real estate included in this listing price. The current owner of this business owns the real estate where the main store and plant is located and would consider selling it providing a satisfactory price could be negotiated between buyer and seller. He has a below market lease on the satellite operation that is assignable and includes options to renew.
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.
In addition to the main location, which houses the plant that processes all cleaning, they have a drop-off/pick-up store in 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.
With 90% of it's business coming from retail sales and only 10% from commercial, a new owner could increase revenue by 20% easily within a short period of time by targeting commercial accounts. The current owner does not wish to pursue commercial accounts and turns opportunities down all the time. The main location which also houses the plant, closes down daily at 3:00 P.M. Keeping this store open until 6:00 P.M. daily and half days on Saturday's would be another opportunity for a buyer wishing to increase revenue and bottom line profitability.
There is a manager in place making this an ideal investment for a buyer looking for a semi-absentee business opportunity. The current owner oversees the operation and works roughly 20 hours a week. 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. Contact me today to explore this exciting business opportunity further.
