Price: $699,000
Location: Riverside County, CA
Industry: Dry Cleaners
Listing ID: 5554 & 5555 JH
Listing Status: Reduced Price
This is a rare opportunity to acquire two thriving dry cleaning locations, both situated in high-traffic shopping centers within just three miles of each other in an upscale neighborhood. The offering includes a fully equipped dry cleaning plant and a well-established agency (drop-off and pick-up location), both known for their impeccable service and commitment to quality. The business has a solid track record of consistent revenue, supported by a loyal customer base and excellent neighborhood reputation. The current owner is involved on a part-time basis, focusing primarily on management and oversight, while each location is staffed with experienced and reliable employees.
Location 1: Full-Service Plant - Annual Sales: $426,000, Rent: $9,800/month, Payroll: $9,000/month (3 full-time, incld payroll taxes) Business Hours: Mon–Fri: 7:00 AM – 6:00 PM, Sat: 8:00 AM – 4:00 PM, Sun: Closed
Location 2: Drop-Off Agency - Annual Sales: $430,000, Rent: $8,800/month, Payroll: $11,000/month (3 F/T + 1 P/T, including payroll taxes)
Both locations are in excellent condition, with equipment that has been meticulously maintained and is in mint working order. The business is SBA loan pre-qualified, making this an accessible opportunity for qualified buyers seeking a stable, well-run operation with room to grow.
If you're looking for a turnkey dry cleaning business in a desirable area with a strong foundation and experienced staff already in place, this is an ideal investment.
Down Payment: $699,000
Total Sales: $856,000
Cash Flow: $240,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $150,000
FFE Included: Yes
Inventory: $12,000
Inventory Included: No
Year Established: 2017
Days & Hours of Operation: Plant: Mon-Fri: 7 am–6 pm | Sat: 8 am–4 pm | Sun: Closed Agency: Mon-Fri: 7 am–6 pm | Sat: 8 am–4 pm | Sun: Closed
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 7
Absentee Owner: No
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Strip Center
Square Footage: 1680 P & 1800 A
Relocatable: No
Reason For Sale: Personal