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Business Listed by

Sunbelt Jacksonville

Contact: Lee Panitz
Office Phone: 904-807-8134
Mobile Phone: (904) 838-4723
Listing ID: JACKSFL002-N344

Dry Cleaners

Financial Information

  • Asking Price: $224,000
  • Gross Revenue: $292,584
  • Cash Flow: $91,023
  • Down Payment: NEGOTIABLE
  • FF&E (Included): $160,000
  • Inventory: $1,000
  • Financing: Yes

Business Location

  • Jacksonville
  • Florida
Primary Business Category: Personal and Laundry Services

The Martinizing Dry Cleaning trade name enjoys a highly respected reputation for its quality of service and quick turn around. This well located store has been a dependable community fixture since 1997 and has a very loyal client base. By providing pickup and delivery service, alterations and perhaps some advertising/marketing, t5he new owner can take this business to the next level.

Competition Description

There are two direct competitors with two sites each. Due to the advantage of One Hour Martinizing, the subject business has faster and better recognized service than its competition. The Seller makes this overall conclusion regarding its position in the market

Growth / Expansion overview

The Seller believes that the Buyer could improve this business by implementing the following: • Implementation of pickup and delivery • Offering Alterations

Support / Training Comments

The Seller will provide 2 weeks of training and orderly turnover to the new owner training, at 40 hours per week. Additional training/consulting is available from the Franchisor,

Financing Comments

Reason For Sale
Owner's health issues
  • Home Based: No
  • Year Established: 1997
  • Franchise: Yes
  • Year Acquired: 1997
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: State Boiler & Dry Cleaning License, Cit

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: 6 Days
  • Hours Open: Mon - Fri 7AM 7PM, Sat 9AM 3PM
  • Fulltime Employees: 2
  • Part time Employees: 1
  • Is Management Staying: Yes
  • Distressed: Yes
  • Monthly Payroll: $5,633
  • Building Size: 1950 sq ft
  • Parking: Ample
  • Monthly Rent: $2,330
  • Additional Terms: 5 year options
  • Lease Expires: 12/31/2012

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