MergerPlace

Dry Cleaners

Jacksonville, Florida


  • Asking Price: $224,000
  • Gross Income: $292,584
  • Cash Flow: $91,023
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $160,000
  • Listing ID: #151299
  • Established: 1997
  • Employees: 2

Business Description

The Martinizing Dry Cleaning trade name enjoys a highly respected reputation for its quality of service and quick turn around. This well located store has been a dependable community fixture since 1997 and has a very loyal client base. By providing pickup and delivery service, alterations and perhaps some advertising/marketing, t5he new owner can take this business to the next level.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
Metropolitan Area: Jacksonville

Company Information

Year Established: 1997
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $224,000
Gross Revenue: $292,584
Cash Flow: $91,023
EBITDA: $91,023
FF&E: $160,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

The Seller believes that the Buyer could improve this business by implementing the following: • Implementation of pickup and delivery • Offering Alterations

Competition:

There are two direct competitors with two sites each. Due to the advantage of One Hour Martinizing, the subject business has faster and better recognized service than its competition. The Seller makes this overall conclusion regarding its position in the market

Reason for selling:

Owner's health issues

Support & Training:

The Seller will provide 2 weeks of training and orderly turnover to the new owner training, at 40 hours per week. Additional training/consulting is available from the Franchisor,

Contact Business Seller

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Business Listed By:

Lee Panitz

Sunbelt Jacksonville