Absentee-Owned Eco-Friendly Dry Cleaning & Alterations Business, Broward County, FL

Price: $699,000?|?Cash Flow: $186,731?|?Gross Revenue: $556,087?|?Down Payment: $250,000
Location: Broward County, Florida?|?Relocatable: No?|?Home-Based: No?|?Franchise: No
Lender Pre-Qualified?|?May Qualify for E2 Visa?|?Confidential Pictures Available

Overview

Excellent opportunity to acquire a well-established, owner-absentee dry cleaning business with a loyal clientele and outstanding local reputation. This business has operated successfully for more than 20 years, with the current owner in place for the last 8 years. Growth has been achieved entirely through word of mouth, requiring no marketing expense.

This turnkey operation is ideal for:

Buyers already in the cleaning or alterations industry looking to expand with a solid, established location.

Investors seeking a stable, semi-absentee business that generates consistent income with minimal oversight.

Key Highlights

Prime Location: Situated in a busy Publix shopping plaza within a growing residential area.

Strong Track Record: Over two decades of successful operations with steady repeat customers.

Eco-Friendly: Uses environmentally safe cleaning products, with no special licenses or complex regulations.

Highly Rated: Consistently ranked the top dry cleaner in the area on Google Reviews.

Experienced Staff: Fully trained and dependable team in place, all willing to remain post-sale.

Additional Revenue Stream: Established alterations service with steady customer flow.

Efficient Operations: Streamlined systems allow for smooth management and minimal owner involvement.

Attractive Lease: Reasonable rent for a 1,250-sq. ft. space in a high-visibility location.

Financial Summary
Year Gross Revenue Cost of Goods Gross Profit Discretionary Earnings
2024 $556,087 $100,000 $456,087 $186,731
2023 $555,466 $100,000 $455,466 $214,663
Lender Pre-Qualified Terms

Purchase Price: $699,000

Down Payment: $250,000

Financing: $489,000 SBA loan for 120 months at 10.25% interest

Monthly Payment: $6,530 (estimated)

Total Project Cost: $739,000 (including working capital and closing costs)

Assets Included

Furniture, fixtures, and equipment valued at $135,550

Leasehold improvements valued at $31,800

Total assets included: $167,350

Lease Details

Monthly Rent: $6,769

Square Footage: 1,250 sq. ft.

Term: 5 years remaining, expiring December 31, 2027

Building Type: Commercial plaza

Additional Information

Years Established: 23?|?Years Owned: 8

Owner Hours: Approximately 15 per week?|?Employees: 2 full-time, 4 part-time, plus 1 manager

Operating Hours: Monday–Friday 8 AM–7 PM, Saturday 9 AM–1 PM

Non-Compete: 3 miles for 10 years

Training: 2 weeks included at no cost

Reason for Sale: Owner relocating to another country

Visa Opportunity

This business may qualify for the E2 investor visa, making it a strong option for foreign investors seeking a profitable, well-run, and absentee-operated enterprise in South Florida. Buyers should confirm eligibility with an immigration attorney.

Summary

A rare chance to acquire a profitable, eco-friendly, absentee-owned dry cleaning and alterations business located in a high-traffic plaza with a stellar reputation and experienced staff. The business is lender pre-qualified, easy to operate, and ideal for both investors and owner-operators seeking a stable and established opportunity. Confidential photos and details are available upon receipt of an NDA, bio, and proof of funds. Serious buyers only.

Ad#:2439949

Listed By: John Bucher