Global Business Brokerage Inc.  where you will experience a "World of Difference"

Industry:   Dry Cleaners

                                       Just listed!  Fantastic location in Temple Terrace (Hillsborough County, Florida)

                  You benefit - Owner wanting to sell 23 Year Old established business in Tampa

Segment:             One of a kind - well established - Dry Cleaning Business, including specialty items such as wedding dresses, large comforters,           

                               drapes & curtains, and leather clothing of all kinds.

Geography:            Tampa Bay Area - On a major street, with great visibility from the street, newer shopping center, with over 23,000 cars passing

                                        passing by daily.

Asking Price:                               $ 108,000  - Owner will consider financing the Seller with downpayment & balance over 4 years - ask Broker!

Gross Revenue:                         $152,000+++

Owner Benefit:                           $  81,420

Year Established:                      Established in 1984 - This owner since 1994

Lease:                                         $1,500/Month.  The current lease term (one year) expires 10/31/07.  There are three one year extensions.

                                                     The monthly rent increase is 4% per year (1,300 Square Feet).  Very reasonable for this area.

Facility:                                       This Discounted Dry Cleaners is in a great location with ample parking and in a nicer shopping area.  Photos are

                                                      available - ask Broker.

FF&E:                                          $6,000 (Included in Price)

                                                      The current software prepares the cleaning ticket items on the customer bill.  This is the basis for completing

                                                       the financial data.  (COMCA System Software)

Expenses:                                   Item                Amount Monthly

                                                      Rent                        $1,500.00

                                                      Electric                    $  105.00

                                                      Telephone               $   55.00

                                                      Water                        $  15.00

                                                      Supplies                   $  800.00

                                                      Monthly tax              $  140.00

                                                      Part time Labor        $  600.00

                                                      Dry Cleaning            Cleaning is done off premise - by a supplier who picks up the clothes daily and has

                                                                                        next day delivery at no cost (finished clothing returned the next day).  This cost is

                                                                                        $2,000 to $3,000 per month - with monthly average for last 12 months  $2,500.

                                                      TOTAL EXPENSES:  $5,715 x 12 Months = $68,580

                                                      (GROSS REVENUE AT $152,000 (-) $68,580 = $83,420 YEARLY OWNER BENEFIT)

Inventory:                                    Finished Clothing on Racks (Approximately 1 to 2 Days) included in sales price - $5,000 +/- 10%.

                                                      THIS IS INCLUDED IN SALE PRICE!

Training:                                       Seller will train Buyer for one month - at no cost

Non-Compete Agreement:        The Seller will sign a "Non-Compete" Agreement for 5 Years/5 Miles.                                            

Hours of Operation:                   Monday - Friday:    8:00 AM to 6:30 PM

                                                      Saturday:                9:00 AM to 4:00 PM

                                                      Sunday:                  Closed

GREAT DRY CLEANING BUSINESS!       

THIS IS A GREAT OPPORTUNITY - BETTER HURRY ON THIS "$1.99 DRY CLEANING BUSINESS" WILL PROBABLY SELL VERY QUICKLY DUE TO THE GREAT LOCATION, AND ESTABLISHED CLIENTELE, IN TOP AREA OF TAMPA.  HAVING BEEN IN BUSINESS FOR 23 YEARS, IT IS EXTREMELY WELL ESTABLISHED!!

A new owner could quickly learn this business - Dry Cleaning is not done on the premises, but picked up and returned to this location.  An ideal situation!  Dry Cleaning is done off-premise by a Supplier which picks up the clothes daily at 12:00 Noon and has next day service at no extra cost.  Finished clothes returned the next day!  WHAT COULD BE EASIER! 

The Growth Potential:

Each business we sell, has it's own particular challenges.  This one is a NO BRAINER!  A new owner could quickly increase sales with some advertising and by using the current database of clients, by offering weekly specials and volume discounts.  This should be a main focus activity for the new owner.  Beyond a smiling face at the counter and continued great customer service, there isn't much more to consider.  A little better signage out front, might also enhance the image. 

All that being said, the parking, location and 23 year client base are all excellent and you simply choose to sit back and do nothing, it still brings in a good income!

REASON FOR SALE: 

The current owner actually grew up in this industry.  His relatives spent 44 years in the Dry Cleaning Business.  After graduating from Tampa College, this owner managed five Dry Cleaners.  In 2003, he was offered the opportunity to purchase one of the locations and has been the owner/operator since that time.  Since he has been working in the Dry Cleaning business since he was 9 years old, he would like to do something he is passionate about - GOLF!  After having successfully managed this business and putting enough money aside to, he plans to take time off and golf and then wants to pursue something related to the golf industry.  He really wants a Driving Range - know of one for sale?

HURRY, THIS WON'T LAST LONG ON THE MARKET!

ARE YOU LIKE MINDED?  Would you like to have a little time off once in awhile to golf, fish or pursue other interests in this beautiful area of Florida?  Labor costs for counter help are minimal and so you could easily run this business with a minimum of effort - it's already established. In fact the current part time person is willing to stay.  You just collect the money.  What's not to like?  Want to increase business - ADVERTISE with already established client base!   SIMPLE, AFFORDABLE AND A PROFITABLE BUSINESS - THE BEST OF ALL WORLDS!

Oh yes, we forgot to mention that this area, is one of the fastest growing in the Nation!  New subdivisions, housing developments are springing up all over the place, with new homes, condos, and businesses at a very rapid rate.  (Owner could be doing direct marketing to these additional potential customers). Located in sunny Florida, Beautiful Tampa Bay, only 10 miles from the Gulf of Mexico, great beaches and a great place to live and raise a family... and, oh yes... also a great place to earn a living operating your own business.

PHOTOS ARE AVAILABLE.  ASK THE BROKER TO EMAIL THEM TO YOU.  THIS BUSINESS WILL NOT LAST LONG ON THE MARKET - CALL THE BROKER TODAY.

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.