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$ 250,000
Est. payment | /mo
$ 250,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12011910
HOA Y/N No
Year Built 1982
Property Description
24-Year Established Dry Cleaning Business | Turnkey | Prime Boynton Beach Location | E-2 Visa Potential Exceptional opportunity to acquire a well-established dry-cleaning business operating since 2004, located in a high-traffic shopping center in affluent Boynton Beach. Surrounded by Domino's Pizza, Dunkin' Donuts, Chase bank and others, the business benefits from excellent visibility, steady foot traffic, and ample parking. Upgraded equipment, this fully turnkey operation is supported by a loyal, repeat customer base and a trained team (3 full-time, 1 part-time). Services include dry cleaning, laundry, alterations, and specialty garment care. Conveyor, boiler, water tank, commercial washer, washer & dryer machines, single single shirt, collar and cuff machines, 2 presser machines, Suzy and dry-cleaning machines. A Vacuum Machine, a compressor chiller, and a Puffer Machine. Gross Revenue: $220,000. FF&E (Furniture, Fixture and Equipment): ~$150,000 (included in sale price). 1,200 SF, low rent and utility costs. The Lease Term is through 11/27/2027, the Renewal Options are 3+3 or 5+5 extensions and landlord is willing to renew immediately. A COVID relief loan (approx. $333/month) was used to upgrade equipment and maybe transferable; already reflected in operating expenses. The owner provides training. Confidential sale. NDA and proof of financial capability are required to access detailed financials and due diligence materials. Information deemed reliable but not guaranteed.
Location
State FL
County Palm Beach
Area 4130
Direction Take I-95 Exit 56 (Woolbright Rd) Head west on Woolbright Rd (away from the ocean) Drive about 1.5–2 miles Turn left (south) onto Military Trail Continue about 0.3 miles The plaza will be on your right Landmarks to look for: Domino’s and Dunkin’
Exterior
Private Pool Yes
Others
Tax ID 00424525000003020
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12011910
Listed by Silver Water, LLC.
Nearby Locations
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