Dry Cleaner/ Alteration Business

Sanford, FL (Seminole County)

Dry Cleaner/ Alteration Business
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Asking Price: Get Financing: $46,000

Cash Flow: $33,702

Gross Revenue: $49,523

EBITDA: N/A

FF&E: $40,000

Inventory: $2,000

Lease Rate: $1,517 /Month

Established: 2000

Dry Cleaner/ Alteration Business

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Business Description

Retail store/dry cleaning plant servicing the area for 18 years and has an excellent reputation. Located in very high traffic shopping strip. Business also works with the local law enforcement to install uniform patches and alterations. Equipment includes sewing machines, washing and drying machines, a compressor, pressing equipment, and conveyor. Sellers are including all the accounts on the rack ready for pick up in the price. Great opportunity at this price.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
3/1/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in the Lake Mary/ Sanford area on one of key streets in the town. The business operates out of store front lease spaces equaling approximately 1,200-square feet. Current owners pay a very reasonable monthly rent of $1517.00 inclusive of all fees.
Competition:
Is one of the well-known stable businesses in the busy Lake Mary/Sanford area and has been there for 18 years. The owners have developed a loyal base of customers both local and seasonal.
Growth & Expansion:
This business is poised for continuous growth mainly driven by great location in the town and increasing access to the area. Direct growth within the store should come from an added drop store.
Support & Training:
The seller will provide one week of training and indoctrination at no cost to the buyer.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Huy Tran

Business Listed By:
Huy Tran

Central Florida Business Brokerage

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Sponsoring Broker:
Paul McNally

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