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10114 S Military Trl

Boynton Beach, FL

Listing Details

  • $250,000
  • MLS# A12011910
  • Type Commercial - Investment
  • Status Active
  • 1982
    Year Built

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 Dominos 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.... Read more 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.

Key Features

No amenity information available.

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10114 S Military Trl
Boynton Beach, FL 33436
County
Palm Beach

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Investment
  • Crops Included Y/N: No
  • Days on Site: 17
  • Directions: Take I-95 Exit 56 (Woolbright Rd)Head west on Woolbright Rd (away from the ocean)Drive about 1.5?2 milesTurn left (south) onto Military TrailContinue about 0.3 milesThe plaza will be on your rightLandmarks to look for:Dominos and Dunkin
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: Cash
  • Parcel#: 00424525000003020
  • Property Attached Y/N: No
  • Year Built: 1982