Self Contained Dry Cleaner And Plant In Jacksonville For Sale

Business description

This business has been run absentee and has been reduced drastically to sell. The Management could be eliminated with an Owner Operator. The Assistant managers understand the plant operations and are capable of supporting an active and involved owner. Payroll expense could be cut by 10% with an Owner Operator monitoring the workers. The Seller has not implemented goals and productivity standards common to the dry cleaning industry and there are many opportunities available for increased productivity. Also, they have remained understaffed (like marketing) in key areas thus incurring excessive overtime costs that could be reduced. The cash flow has been re-casted to eliminate Managers so that the Owner Operator will be receiving the monitary value now being paid. Owner paid over $300,000 to put this plant in. This is an opportunity for a Buyer to reap the benefits of the previous Owner with a good cash flow.

Property information

Real Estate:

Lease

Premises details:

1600 sq ft, $1709.00

Business Operation

Reasons for selling:

Seller has extensive business interests an hour away and needs to consolidate geographically.

Trading hours:

Days: M-F- Sat. 10-3, Hours: 7-7

Employees:

Full Time: 3, Part Time: 6

Years established:

11

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Monthly Payroll: $9,676
Financing is Available

Furniture / Fixtures value:

$300,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)