Dry Cleaning Drop Store w Alterations

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Asking Price:
$99,900

Gross Revenue:
$154,690
Cash Flow:
$48,690
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$600
included in asking price

FF&E:
$20,000
included in asking price

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Business Description

Two business, one location. Dry Cleaning Drop store, alterations, shoe repair, and wash and fold. Established 10 years. Good lease in great location. Ideal for husband and wife team. Buyer purchased and was going to relocate but unable to relocate due to kid's school, has to drive too far to run the store. Additional Boutique store added to the main store in July 2019 which has handmade gift articles, ladies clothes, jewelry and many more. Boutique store partner responsible for bring all merchandise & maintain inventory, store owner just sell merchandise and keep 40% of the sales price, additional income with minimum effort. Owner willing to continue doing the alterations remotely for new owner.Please refer to listing number 6401-168210 and advisor Erin Crawford when inquiring.

About the Business

Location:
Palm Beach County, Florida
Year Established:
2008
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$3,400.00 Per Month
Lease Expiration:
11/30/2022
Facilities:
Lease/Month: $3,400, Square Footage: 1100, Building Type: Commercial
Terms & Options: Negotiable Expiration Date: 11/30/2022

Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Growth & Expansion:
Store is big enough with large extra empty room to add a retail/gift store or onsite shoe repair setup or small office or possibly high end purse consignment etc.
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About the Sale

Reason For Selling:
Too far from home
Training/Support:
Seller will train for 2 weeks at no cost

Listing Info

ID:
1588047
Ad Detail Views:
0

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Business Listed by

Erin Crawford

Transworld Business Brokers
License# SL3289371

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Sponsoring Broker:

Andrew Cagnetta
Transworld Business Brokers
License# CQ1026221


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