Dry Cleaning Business, Southeast Florida: 5 locations in close proximity, established 60+ years.

Featured on BusinessForSale.com . 11 viewed

Asking Price

$1,500,000

FOR SALE - ACTIVE

Detailed Information

Location

Broward County, Florida, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This well-established dry cleaning business in Southeast Florida has been a leader in the industry for over 60 years. It operates five high-traffic locations, including a full plant and four drop stores, all strategically located in close proximity to each other. The business boasts a strong reputation for providing top-notch service to a loyal multi-generational customer base. With clean financial records and legal employment practices, this opportunity offers a turnkey operation with the potential for growth and increased profitability. The business includes a full management team with a combined salary of $100,000, and the stated net income is based on EBITDA. The existing management structure allows for seamless transition for a new owner, who can choose to step in as the manager or operate the business semi-absentee. The package also includes extensive equipment across all locations, well-negotiated leases with renewal options, and two delivery vans. This business is a perfect fit for a family looking to own a reputable enterprise or for an E-2

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