16-Palm Beach, Florida Dry cleaners for sale

Well established 4 year old busy dry cleaner with plant. Located in a very busy Publix shopping center. Great customer base, All work strictly walk in reatail, most profitable. Absolutely no competition for 10 miles. Owner does no marketing. Cash flow can be increased by advertising, adding pick up and delivery and wholesale business. Could also add drop stores. Plenty of room to triple the business. Equipment in great shape. Has double buck shirt machine. Owner financing. No reasonable offer refused.
| Data Source | Tax Return | Tax Return | |||
| Year (Cash Flow) | 2009 (N) | 2008 (N) | (N) | ||
| Gross Revenue | 197,634 | 200,811 | 0 | ||
| Cost of Goods | 13,506 | 19,532 | 0 | ||
| Gross Profit | 184,128 | 181,279 | 0 | ||
| Expenses | 125,470 | 133,623 | 0 | ||
| Net | 58,658 | 47,656 | 0 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 0 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Owner Benefit | 58,658 | 47,656 | 0 |
Asking Price: $190,000
For more information contact, UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com

