Complete Dry Clean Operation

Miami-Dade County, FL
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Asking Price:$950,000
Gross Revenue:$920,812
Rent:$7,500
Established Year:1967
Cash Flow:$261,500
Inventory:$5,000
FF&E:$100,000
BUSINESS DESCRIPTION

Efficient, Eco-Friendly Dry Cleaning Excellence

57-year-old Dry Clean Plant and Store. Profitable, with consistent thirty-percent EBITDA performance. Good books and Records. It has a strong reputation, is a community staple, and has solid repeat clients. Staff and Equipment are in place for easy turnkey transition. Sellers will train. All equipment is operational and ready for a new operator. Permits are in order; Corner Location with ample parking.
SBA Pre-qualified for a qualified buyer
Please refer to listing number 2201277127, business broker William DeCanio 304-440-5483 when inquiring about this listing.


DETAILED INFORMATION
Location
Miami-Dade County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,825
Lease Expiration
30/11/2027
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: 7500 Square Footage: 2825 Building Type: standalone Terms & Options: Extension option Expiration Date: 11/30/2027
Competition
Non Compete : Miles: 30 Years: 5
Financing
Loan/Other - Amt: $925,000 Mos: 120 Rate: 10.50 Mo Pmt: $12,481.49
Support & Training
Weeks Training: 2 Cost: $0
Reason for Selling
Other
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William
DeCanio
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William DeCanio