Established in 1958, this iconic dry cleaning empire represents a rare opportunity to acquire a generational wealth-building business with over 65 years of continuous operation across 5 locations in Pinellas County, Florida. Financial Performance: Business Strengths: Operational Advantages: The business maintains strong commercial relationships and has built an unmatched reputation in the market. With current operations running at 60% capacity, there exists immediate opportunity for growth without significant additional investment.
Owner Support: The retiring owner offers comprehensive training and support, willing to remain on contract for as long as needed to ensure smooth transition. Financing: Owner financing available to qualified buyers (OAC). This turnkey operation offers the new owner an established customer base, proven systems, and a legacy brand that has successfully generated wealth for two generations of families.
- Annual Revenue: $1,500,000
- Cash Flow (SDE): $360,000
- Furniture, Fixtures & Equipment Value: $285,000
- Inventory Value: $65,000
- Real Estate Value: $1,600,000 (owned by business)
- Building Size: 7,800 square feet
- Perfect location serving affluent clientele
- Significant commercial accounts providing stable revenue streams
- Market exclusivity in major commercial segment representing 30% of sales
- Most recognized dry cleaning brand in the area
- Proven track record of eliminating local competition
- Operating at only 60% capacity with substantial expansion potential
- Consistent organic growth year over year