Asking Price:

$1,687,000

Gross Income:

$650,000

Cash Flow:

$395,000

FF&E:

$500,000.00 *

Inventory:

$40,000.00 **

Real Estate:

$1,550,000.00 *

Year Established:

1953

Employees:

6 ft

Business Type:

Drycleaning/Laundry Services

** not included in the asking price

* included in the asking price

Business Description

Dry cleaning Plant business with Property included. 10,000 sq foot land Facing US-1 in South Miami. Next to Major Shopping Center, cinemas and upscale restaurants.

Detailed Information

Facilities:

Property and Dry cleaning business included in price. Have air rights to add two more floors to buiding right off US1. Location can be converted to another retail, fast food or bank. Free Standing one story building with 10 parkings. 5400 sq ft building on a 10000 sq ft lot facing very busy US-1 in South Miami. Dry cleaning plant included.

Competition:

Another dry cleaner in the vicinity but has different clientelle. This is a 60 year old established business at the same location.

Growth/Expansion:

Can process cleaning of an additional drop off store from the same plant.

Financing:

Yes, Bank financing to qualified buyers with 25% down

Support/Training:

Two week traiing and Manager can stay. she is running business for 10 plus years.

Reason Selling:

Other opportunities