Dry Cleaning Plant with 3 retail outlets

Niceville, FL (Okaloosa County)

Seller Financing Available
Dry Cleaning Plant with 3 retail outlets
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Asking Price: $249,000

Cash Flow: $125,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $175,000

Inventory: $1,000*

Rent: $1 /Month

Established: N/A

*not included in asking price.

Dry Cleaning Plant with 3 retail outlets

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Business Description

This well established and highly profitable dry cleaning operation serves thriving beach area communities and has a reputation for quality service.
The business consists of a fully equipped and staffed cleaning plant and has three retail store fronts. The retiring owner will provide comprehensive transition training as well as long term consulting as part at no charge as part of the transaction. Business is closed on Sunday and open a partial day on Saturday. The staff of 11 is well trained and highly productive. Sales for 2019 will be in the $600,000 range and the owner benefit at about $125,000. The owner will consider financing the sale with a substantial down payment.

Detailed Information

Location:
Niceville, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 locations. One with plant and retail store front. 2 retail storefronts in strategic locations.
Competition:
A normal amount. This operation is the best of its kind in the area.
Growth & Expansion:
Outstanding growth opportunity as the area is prosperous and growing and the plant has capacity for the business to be much larger.
Financing:
Negotiable
Support & Training:
Full transition training and long term consulting included in the sale.
Reason for Selling:
Retirement.
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Mike Goleno

Business Listed By:
Mike Goleno

Bizbro.com Business Brokers

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