Established Dry Cleaner & Laundry in Historic District

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On-site dry cleaning, laundry and alterations
Asking Price:
$98,000

Gross Revenue:
$115,543
Cash Flow:
$44,217
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$60,600
included in asking price

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Business Description

This is an outstanding opportunity to own a landmark business in a great Florida Panhandle town. The business offers on-site dry cleaning, and laundry, as well as small alterations to the local community. Business is in a great location on a heavily travelled road, with covered parking to assist with inclement weather. There is a tremendous opportunity to grow the business, as no other facility is within 30+ miles of the location. An energetic owner could incorporate drop stores and grow the business rapidly.

About the Business

Year Established:
1935
Number of Employees:
1 - Part Time
Real Estate:
Leased
Building Sq. Ft.:
2,725
Lease Amount/Mo.:
$1,000.00
Facilities:
Location is along heavily traveled road with professional business neighboring. Facility is 2725 sq ft, with covered parking.
Market Outlook/
Competition:
Little to no competition
Growth & Expansion:
Numerous growth opportunities. Many customers travel over 25 miles to location. Drop stores or a route could be incorporated to increase sales. A increase in digital marketing would also increase sales.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will offer training to buyer.
Seller Financing:
Yes - Qualified Buyer

Listing Info

ID:
1516754
Ad Detail Views:
419

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Business Listed by

Daniel Herring

Emerald Coast Business Intermediaries

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Sponsoring Broker:

Jeff Moody
Emerald Coast Business Intermediaries

U.S. Census Data for Florida
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Florida
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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