Drop Store, Oviedo, Goodwill $6k and take over the lease Publix center

Oviedo, FL (Seminole County)

Drop Store, Oviedo, Goodwill $6k and take over the lease Publix center
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Asking Price: $6,000

Cash Flow: $30,000

Gross Revenue: $144,000

EBITDA: $40,000

FF&E: $10,000

Inventory: N/A

Rent: $3,300 /Month

Established: 2005

Drop Store, Oviedo, Goodwill $6k and take over the lease Publix center

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Business Description

An established drop store in a Publix shopping center that is almost free, just take over the lease and start operating. The vendor who supplies the cleaning services will assist and train and give a discount to help a buyer to get going. The store was grossing over $12,000 a month without any advertising or a dry cleaning route. Wash dry and fold services can easily be added.
With a good operator in charge and after all expenses should net about $6,000.00 per month,

Detailed Information

Location:
Oviedo, FL
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
2/28/2022
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A storefront unit in a Publix shopping center that has been a drop center for over ten years. Was grossing over $12,000 a month and sublet the front to an alterations person for $800 per month. Lots of room to store the clothes and also room to put a plant or just washing machines and dryers for wash dry and fold work.
Competition:
Yes, competition is around but this store was growing and always got its share of the market and was growing each month.
Growth & Expansion:
Ideal for a route and also for Wet Dry and Fold service
Support & Training:
The vendor will assist a buyer and give free training
Reason for Selling:
Sellers had a health problem & just could not handle the marketing & the work.
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John Price

Business Listed By:
John Price

John Price Broker & Associates

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