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Profitable Dry Cleaner

Cocoa Beach, FL, USA
Updated 145 days ago

Very Profitable Dry Cleaner Cocoa Beach, FL (Brevard County) New Asking Price: $350,000 Cash Flow (SDE): $292,360 EBITDA: Not Disclosed Gross Revenue: $388,120 Established: 1996 Business Description DRY CLEANER PLANT at excellent location in very busy shopping plaza. Established 60 years ago. 30 years with current owner who is ready to retire. Long term lease. Room to grow and establish drop off locations. Hotels and Restaurants and the local community are loyal customers. During due diligence all information will be provided. Ad#:2508124 Detailed Information Inventory: $3,000 Included in asking price Furniture, Fixtures, & Equipment (FF&E): $108,125 Included in asking price Employees: 2 (1 Full-time, 1 Part-time) Facilities: 1450 SF facility in a great plaza with a solid mix of tenants. Competition: There is no viable competition in the immediate area. Growth & Expansion: Room to grow and establish drop off locations. Computerize business. Support & Training: The seller is willing to help the buyer for a period of three (3) weeks at no cost to help facilitate an orderly transition of the business. Reason for Selling: Retirement Business Location Location: Cocoa Beach, FL Real Estate: Leased Building SF: 1,450 Lease Expiration: 01/31/2033 Rent: $3,101.00

Location

1450 SF facility in a great plaza with a solid mix of tenants.

Employees

Husband and Wife Run plus 1 part timer

Lease Terms

Lease runs until January 2033

Real Estate

Lease

Trading Hours

M-F 7am to 6pm Sat 9am -2pm

Leasehold Rent

3101 Per mo per annum

Management Type

This business is owner operated.

Years Established

60 years - owned for 30

Support & Training

The seller is willing to help the buyer for a period of three (3) weeks at no cost to help facilitate an orderly transition of the business.

Expansion Potential

Room to grow and establish drop off locations. Computerize business.

Competition / Market

There is no viable competition in the immediate area.

Inventory / Stock Value

$3,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$350K
RevenueMost Recent Year
$1.1M
Earnings (SDE)Last Reported
$83K
Assets ValueIncluded in Asking Price
$108K
Seller Financing
Not available

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