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    Wellington, FL 33414
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    Wellington, FL 33414

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    For Sale
    $180,000
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    Profitable Wellington Dry Cleaner For Sale
    $180,000

    Profitable Wellington Dry Cleaner

    Established Dry Cleaning Business - High Returns

    West Palm Beach, FL 33414
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details

    Property type
    Investment properties

    Description

    This exceptional business opportunity presents a chance to acquire a thriving, owner-operated dry cleaning establishment situated in a prime Wellington, Florida location. The business enjoys a high volume of foot traffic due to its desirable placement within a busy commercial area, contributing to its consistent profitability and strong customer base. Built on a foundation of quality service and reliable operation, this dry cleaner has cultivated a loyal clientele over time, ensuring a steady stream of revenue. Financial records demonstrate a history of consistent profitability, making this an attractive investment for both first-time business owners seeking a turnkey operation and experienced entrepreneurs looking to expand their portfolio. The sale includes all necessary equipment and fixtures, allowing for a seamless transition and immediate commencement of operations. This is a rare opportunity to own a well-established, successful business in a vibrant and growing community. The business is currently owner-operated, offering the potential for continued growth under new ownership or the opportunity to implement new management strategies. Detailed financial information is available upon request, providing prospective buyers with a comprehensive understanding of the business's performance and potential. This is a truly exceptional opportunity to acquire a profitable and established business in a highly desirable location. Don't miss out on this chance to own a successful and well-regarded dry cleaning business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2371
    Latitude
    26.6669

    Comparable in this City

    • Value Estimation
      $17,300,000
      11,026 SF

      14412 Pierson Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 11,026 SF
      14412 Pierson Rd, Wellington, FL 33414-7673
      View Details
    • Value Estimation by Request
      0.71 Acres

      Wellington, FL 33414

      VACANT COMMERCIAL LAND • 0.71 Acres
      Wellington, FL 33414
      View Details
    • Value Estimation by Request
      1.61 Acres

      Wellington, FL 33414

      VACANT COMMERCIAL LAND • 1.61 Acres
      Wellington, FL 33414
      View Details
    • Value Estimation by Request
      0.65 Acres

      Wellington, FL 33414

      GOLF COURSE • 0.65 Acres
      Wellington, FL 33414
      View Details
    • Value Estimation by Request
      7.16 Acres

      10345 Acme Rd

      VACANT COMMERCIAL LAND • 7.16 Acres
      10345 Acme Rd, Wellington, FL 33414-4311
      View Details
    • Value Estimation
      $11,275,000
      47,387 SF

      1035 State Rd 7th Ste, Unit 118

      OFFICE BUILDING (MULTI-STORY) • 47,387 SF
      1035 State Rd 7th Ste, Wellington, FL 33414-6136
      View Details

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    • $180,000

      Profitable Wellington Dry Cleaner

      Established Dry Cleaning Business - High Returns
      Wellington, FL 33414
      View Details
    • Contact for pricing

      Undeveloped Land in Palm Beach

      4+ acres of land in Wellington, great for equestrian.
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      60,000 SF

      Lotis Wellington Medical Office Site

      3.53-acre site approved for 60,000 SF medical office development.
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      Wellington Class-A Mixed-Use Property

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      Premier Wellington Mixed-Use Space

      Class-A Mizner-style building in the heart of Wellington.
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    • $32 SF/Yr
      36,451 SF

      Class-A Wellington Mixed-Use Property

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      12300 South Shore Blvd, Wellington, FL 33414
      View Details
    View Listing
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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