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- RE: Dry Cleaners Business With Growth Potential
- Contact: Don Zeng
- License #: 01995716
Quick Facts
Asking Price: | $220,000 | |
Annual Revenue: | $240,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $83,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1979 | |
Employees: | 4 | |
BBN Listing #: | 983905 | |
Broker Reference #: | 5552 DZ |
Business Overview:
This dry-cleaning business's current and previous owners have enjoyed over 45 years of stable operations at the same location since the mall was built around 1979. The store is ideally situated next to two major streets, with a strong client base from Beverly Hills. The seller recommends that the new owner offer pick-up and drop-off services, which could significantly increase revenue (and enable higher pricing). The seller has a list of pick-up and drop-off customers and is willing to share it with the new owner. In addition to its prime location and significant growth potential, the business is well-equipped to support future expansion. The dry-cleaning facility includes a 40-lb hydrocarbon dry-cleaning machine (currently underutilized), two dry-cleaning presses, one laundry press, one shirt press, and a conveyor, all in good working condition. The boiler, compressor, and vacuum are housed in a backroom and are well-maintained and operational. This is truly a turnkey operation. The current owner will provide training to ensure a smooth transition, and the business is properly staffed with three part-time employees, including an on-site alteration service.
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Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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