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32256674
32256662

10114 S Military Trl, Boynton Beach, FL 33436 For Sale

MG
Silver Water, LLC.
Listed by Silver Water, LLC.
$250,000
80 days on market
Updated 26 days ago

Cleaners

Details
APN 00424525000003020
Property Type Business for Sale, Retail
Sub Type Business Only, Other
NOI $120,000
Year Built 1982
Zoning CG

Business for Sale

Marketing description

Motivated Seller – 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 in a high-traffic shopping center in affluent Boynton Beach. Surrounded by national tenants including Domino’s, Dunkin’, and Chase Bank, the business enjoys excellent visibility, strong foot traffic, and ample parking. This fully turnkey operation features upgraded equipment, a loyal repeat customer base, and an experienced staff of 3 full-time and 1 part-time employees. Services include dry cleaning, laundry, alterations, and specialty garment care. Included equipment: conveyor system, boiler, water tank, commercial washers and dryers, shirt machine, collar and cuff machine, two pressers, Suzy machine, dry-cleaning machines, vacuum machine, compressor chiller, and puffer machine. Gross Revenue: Approx. $220,000 FF&E Value: Approx. $150,000 (included in sale price) Space: 1,200 SF Expenses: Low rent and utility costs Current lease runs through 11/27/2027 with renewal options of 3+3 or 5+5 years. Landlord is willing to renew immediately. Owner will provide training for a smooth transition. Confidential sale. NDA and proof of financial capability are required to access financials and due diligence materials. Information deemed reliable but not guaranteed.
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Listing Contacts

MG
Silver Water, LLC.
Listed by Silver Water, LLC.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

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DSCR
48%
Cap Rate
48%
ROI

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