Dry Cleaner, 77+ year established,real state 599k

Asking Price$599,000

Cash Flow
$98,156

EBITDA$98,156

Gross Revenue$216,576

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$599,000
Included in asking price
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Dry Cleaner, 77+ year established,real state 599k


Asking Price$599,000

Cash Flow
$98,156

EBITDA$98,156

Gross Revenue$216,576

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$599,000
Included in asking price

Seller Financing Available
Business Description
A very well-established business for over 77 years, the plant is in a prime location along a busy intersection and in down town with good exposure in very transited street. This is an excellent opportunity for a buyer to own a well-established business.
Gross sales over the counter are about $4,165.00 a week or $18,087.66 a month. ($216,576.00 gross revenue a year). The owner runs absentee in this moment but with an owner-operator running the plant, thousand owner benefits per year are very doable even in a slow economy. A smart owner-operator could earn in the range of $99.000 per year out of this plant is worth $99,000 and has a replacement value of at least $200,000.
Very good location


Dry Cleaner, 77+ year established, profitable, great opportunity for an owner operator, property included


Real State $599,000.00 (property type commercial)
Location, Location, Location! Endless business opportunities. Property being sold as an income producing Business. Keep it as the existing Dry Cleaning business or be creative and use the building to establish a new business. For investment purposes, divide and lease multiple spaces here in Lake City, one of the fastest growing cities in North Florida! Walking distance from Lake City's Courthouse, City Hall, many restaurants and professional services. There are not many commercial buildings available in this area. Don't let this one slip away, call today and make this one yours! Lot size 0.245 Acres, leaving area 3050 sqft
About the Business
Years in Operation
78
Employees
7
Facilities & Assets
The equipment works perfectly, I give you a three-month warranty on the equipment.
Market Outlook / Competition
3 more cleaners in the city.
Opportunities for Growth
With the owner working in the business he could increase sales very easily, it has been there for 7 years with the owner absent.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,050
About the Sale
Seller Motivation
Retirement
Transition Support
The training period that you feel comfortable and confident
Financing Options
Send me your offer
Listing Info
ID
2196336
Listing Views
3871

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Business Listed by: Frank Romero

Listing ID: 2196336 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.