Howard Street Dry Clean represents a premier dry cleaning investment opportunity in North Florida's expanding market. Operating successfully since 1997, this established business has cultivated a devoted customer base across 27 years while generating consistent revenue of $1,011,000 annually with $179,000 in seller's discretionary earnings.
Business Overview:
This comprehensive operation features five strategic locations including one main processing plant and four drop-off stores spanning multiple counties. The business enjoys dominant market position as the sole dry cleaner in two communities, with minimal competition throughout its service area.
Key Assets & Features:
• Complete turnkey operation ready for immediate ownership transition
• Updated processing equipment and facilities ($550,000 FF&E value)
• Three commercial buildings included in purchase ($550,000 real estate value)
• Experienced workforce committed to staying, including assistant manager
• Established customer relationships built over nearly three decades
• Strong community presence through local sponsorships and partnerships
Competitive Advantages:
• Market exclusivity in two served towns
• Strategic multi-location coverage across four neighboring counties
• Recession-resistant service industry with consistent demand
• Owner-operated efficiency with proven profitability
• Minimal direct competition in primary markets
Growth Opportunities:
Significant expansion potential exists through enhanced marketing efforts, particularly social media development. Two service areas are experiencing rapid population growth, creating natural demand increases. Current minimal advertising spend presents immediate opportunity for revenue enhancement.
Transition Support:
Seller provides comprehensive one-month training period ensuring smooth operational continuity. Long-tenured staff and assistant manager facilitate seamless day-to-day operations from closing.
Financial Summary:
• Annual Revenue: $1,011,000
• Cash Flow: $179,000
• Total Investment: $1,500,000 (includes real estate, equipment, inventory)
This exceptional opportunity combines established profitability with substantial growth potential in Florida's dynamic market.
Ad#:2341924
