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: - Annual Revenue: $1,600,000 - Cash Flow (SDE): $400,000 - Furniture, Fixtures & Equipment Value: $411,000 - Inventory Value: $45,000 - Real Estate Value: $1,650,000 (owned by business) - Building Size: 7,600 square feet Business Strengths: - 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 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.