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Industry:   Dry Cleaners

                                       NEW LISTING - GREAT LOCATION

                  LOCATION!  LOCATION!

                 THIS IS A PRIME  SHOPPING CENTER

                 WITH A NEW MEGA PUBLIX SUPERMARKET

                 AND TARGET ON ONE END AND BLOCKBUSTER

                 ON THE OTHER AND MANY ANCHOR STORES,

                 RESTAURANTS, BANKS, CVS, AND OTHERS ARE

                 LOCATED IN THIS HIGHLY PRIZED LOCATION. 

                 AMPLE PARKING AND GREAT FOOT TRAFFIC.       

                  (Pinellas County, Florida)

                  You benefit - 14 Years of Profitability

Segment:             One of a kind - well established - Dry Cleaning Business

Geography:           East Lake/Countryside Area - On a major street, with great visibility from the street,  great shopping center! 

                               Pinellas County, Florida  

                           

Asking Price:                            $144,900     PRICE DRASTICALLY REDUCED - BELOW MARKET VALUE

Gross Revenue:                     $145,000       $3,400 -  $3,600 PER WEEK REVENUE

Owner Benefit:                       $  62,500

Year Established:                   Established in 1997.  This is the 2nd owner.  Only reason he is selling is to move to NYC to be with

                                                  his wife and son.

Lease:                                     The current lease for this 1,600 SQ FT Business is $4,000 per month, including (CAM) - Common Area

                                                  Maintenance.  This is the second term of the lease and expires April, 2013.

Facility:                                    Well maintained exterior and interior - 1,600 Sq. Ft. - Ideal location, signage and parking

FF&E:                                        Included in the sale at a replacement value of $47,375

                                                   1 - 50 Pound Washer                8 Years Old

                                                   1 - 35 Pound Dryer                   8 Years Old

                                                   1 -  Compressor                        2 Years Old

                                                   All Racks/Carry Cots/Pressers/Steamers/Etc.

                                                   This equipment has been well maintained on a quarterly bass since new.  In fact,

                                                   with the current maintenance program, this equipment should last a very long time.

                                                   CASH REGISTER - POINT OF SALE COMPUTERIZED SOFTWARE & HARDWARE

                                                   Purchased 2 years ago.  This is a state-of-the-art system designed specifically for Dry Cleaners.

                                                   It is a "Touch Screen" and extremely easy to operate.

Expenses:                                   Item                Amount Monthly

                                                      Rent                        $4,000.00

                                                      Electric                    $  175.00

                                                      Gas                          $  500.00

                                                      Water                        $ 300.00

                                                      Insurance                 $ 300.00

                                                      Supplies                   $  150.00

                                                      Labor                        $1,600.00  (Employees - 1 Full time, 1 Part Time, & Owner Full time)

                                                      Dry Cleaning Cost  $7,025.00                                                  

                                                      TOTAL MONTHLY COST  $7,025 @ 12 Months = $84,300 Yearly

YEARLY REVENUE:                   $145,000

OWNER BENEFIT:                       $145,000 (-) $84,300 = $60,700 YEAR

Inventory:                                    Operating Supplies on hand at time of sale.  Approximately $950 to $1,300.

                                                       Finished Goods (cleaned clothing on the racks), depending on time of month

                                                       could vary from $2,500 to $4,000.  As is customary in the sale of a Dry Cleaners

                                                       in this area, the Seller and Buyer split the value at closing.

Training:                                       Owner will provide two weeks of training to the new owner at no cost.

Non-Compete Agreement:        The Owner will also sign a "Non-Compete Agreement"                                        

Hours of Operation:                   Monday - Saturday:     7:00 AM to 7:00 PM

                                                      Saturday:                     7:00 AM to 5:00 PM

                                                      Sunday:                        Closed

Reason for Sale:                         Owner's family currently living in NYC.  Wants to join them.

 

GREAT DRY CLEANING BUSINESS!       

THIS IS A GREAT OPPORTUNITY - BETTER HURRY!! WILL PROBABLY SELL VERY QUICKLY DUE TO THE GREAT LOCATION, AND ESTABLISHED CLIENTELE, IN BUSY AREA OF EAST LAKE/COUNTRYSIDE.  HAVING BEEN IN BUSINESS FOR 14 YEARS, IT IS EXTREMELY WELL ESTABLISHED!!

This is not a "Discount Dry Cleaners".  Established clientele expect higher end service and pays for it.  Costs for Dry Cleaning are currently as follows:

  •     M-2-PC SUIT                         $ 10.75

  •     JEANS                                       5.75

  •     SLACKS                                     5.20

  •     W-2-PC SUIT                            10.65

  •     W 2 PC SUIT S                         10.25

  •     W PC DRESS                           14.60

  •     FANCY DRESS                         16.50

  •     LONG DRESS                          11.75

  •     BLOUSE                                    5.45

  •     SPORT COAT                            5.95

  •     HEAVY JACKET                        8.20

  •     SHIRTS D.C.                              5.10

  •     POLO-SHIRT L                          5.15

  •     RAIN COAT                              14.95

  •     TROUSERS                                5.20

  •     M - 3 PC SUIT                           13.75

  •     POLO SHIRT                              4.99

  •     VEST                                          4.10

  •     W - 3 - PC SUIT                        13.75

  •     TIE                                              4.30

  •     SHORTS                                     5.20

  •     DRESS                                       9.75

  •     FULL SKIRT                               6.90

  •     JACKET                                      5.75

  •     SKIRT                                         5.50

  •     LONG SWEATER                       8.25

  •     FULL JACKET                          12.90

  •     SWEATER                                  5.95

  •     LAB COAT                                  8.75

Of course, they also dry clean bedspreads, drapes, wedding dresses, etc.

A new owner could quickly learn this business.   As mentioned above, the location of this dry cleaners does not get any better with the great anchor stores surrounding it - Target - Publix - CVS - Blockbuster - Professional Buildings - to name just a few.  This is one of the nicest areas in Pinellas County, with great schools, neighborhoods, condos, higher end homes and excellent shopping, dining and sports.  Did we mention you are 5 miles from the beach?  It really is a beautiful, well established area in the Tampa Bay area.  The location really is perfect for this business.

The price is right.  Owner wants to sell to be with his family, so he has priced this business to sell. 

There are many expansion possibilities.  You could improve sales by adding a drop store or start a customer "pick up & delivery service".  You could also open half day on Sunday.

This is truly a great opportunity in Florida.  Home prices are at an all time low and this is a great time to buy in this area.  Did we mention there are favorable taxes in the state of Florida?   Comparatively speaking, it does not cost as much to live here as in some Northern states. 

Ummm - Let's see - it is sunny and 76 degrees today and it's the end of February!  What are you waiting for?   Please e-mail the broker today. 

PHOTO GALLERY:  After signing a NDA (Non-Disclosure Agreement), ask the Broker to e-mail photos of this Business, so you can truly appreciate the value of this offering.

BETTER HURRY - CALL US TODAY ON THIS ONE!

Photos, equipment lists, and financial information from the Broker.

Viewing:  Prospective buyer financial qualification required prior to further disclosure and showing. 

Disclosure:  Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis.  Information provided herein has been provided by the seller.  Broker has not and will not verify the accuracy or completeness of any information.  Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.