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Full Service Dry Cleaners- can be Absentee Owner
Business Description
Established Full Service Dry Cleaners - Absentee Owner Opportunity
This well-established dry cleaning business has been serving the Pinellas County community since 1979, building an exceptional reputation over 45+ years of continuous operation. Located on busy US Highway 19, this turnkey operation offers strong cash flow potential with minimal owner involvement required.
Financial Highlights:
- Annual Revenue: $344,000
- Seller's Discretionary Earnings: $147,000
- Asking Price: $375,000
- FF&E Value: $200,000
- Inventory included in sale
Business Features:
- Prime location on high-traffic US Highway 19
- 3,700 square feet of operating space
- Established loyal customer base built over decades
- Well-known brand recognition throughout the community
- Stable competitive environment with long-term established competitors
- Significant growth and expansion opportunities available
- Can operate as absentee-owned business
The current owner is retiring after successfully operating this business for many years. The dry cleaner has maintained consistent operations and developed strong customer loyalty through quality service and community presence. The business benefits from its strategic highway location, ensuring excellent visibility and accessibility for customers.
With new ownership and fresh enthusiasm, there is substantial opportunity to expand the customer base and grow revenue. The stable competitive landscape provides a secure market position, while the established reputation offers immediate credibility with potential new customers.
Financing Available:
- Seller financing offered
- $250,000 down payment required
- Owner will provide 2 weeks training with extended support available if needed
This represents an excellent opportunity to acquire a profitable, established business with strong fundamentals, prime location, and significant growth potential in a stable market environment.
This well-established dry cleaning business has been serving the Pinellas County community since 1979, building an exceptional reputation over 45+ years of continuous operation. Located on busy US Highway 19, this turnkey operation offers strong cash flow potential with minimal owner involvement required.
Financial Highlights:
- Annual Revenue: $344,000
- Seller's Discretionary Earnings: $147,000
- Asking Price: $375,000
- FF&E Value: $200,000
- Inventory included in sale
Business Features:
- Prime location on high-traffic US Highway 19
- 3,700 square feet of operating space
- Established loyal customer base built over decades
- Well-known brand recognition throughout the community
- Stable competitive environment with long-term established competitors
- Significant growth and expansion opportunities available
- Can operate as absentee-owned business
The current owner is retiring after successfully operating this business for many years. The dry cleaner has maintained consistent operations and developed strong customer loyalty through quality service and community presence. The business benefits from its strategic highway location, ensuring excellent visibility and accessibility for customers.
With new ownership and fresh enthusiasm, there is substantial opportunity to expand the customer base and grow revenue. The stable competitive landscape provides a secure market position, while the established reputation offers immediate credibility with potential new customers.
Financing Available:
- Seller financing offered
- $250,000 down payment required
- Owner will provide 2 weeks training with extended support available if needed
This represents an excellent opportunity to acquire a profitable, established business with strong fundamentals, prime location, and significant growth potential in a stable market environment.
About the Business
- Years in Operation
- 47
- Employees
- 8 Part-time
Part time employees - Facilities & Assets
- Established 48 years ago. Fully equipped Dry Cleaning plant with drive thru. The latest 80 pound Union dry cleaning machine is only 4 years old, also latest UniPress Hurricane double buck shirt unit 4 years old. just changed the compressor tank and is under warrantee. Many equipment to mention. Plenty of room to expand. Owner retiring. After the current lease expiration, lease can be renewed with no problems.
- Market Outlook / Competition
- All competition has always been there for many many years, no new competition.
- Opportunities for Growth
- there is a lot of room for growth and expansion.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,700
- Rent
- $6,692.00 per month
- Lease Expiration
- 3/1/2029
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 2 Weeks. can stay longer if needed.
- Financing Options
- 250,000 DOWN PAYMENT
Listing Info
- ID
- 2477277
- Listing Views
- 80
Listing ID: 2477277 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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