Price: $280,000
Location: Orange County, CA
Industry: Dry Cleaners
Listing ID: 01985463DZ
Listing Status: New
Listing ID - 01985463DZ
In 2005, the current owner built this dry cleaner operation from the ground up in an affluent neighborhood of multimillion-dollar homes in North Orange County, California.
Situated within a modern and low-maintenance business complex among other high-traffic businesses such as car rental, dental office, insurance, restaurants, etc., this business stands apart from other dry cleaner operations in the area and enjoys a unique location advantage.
Spanning 1900 square feet, this dry cleaner store is notably spacious, offering ample room for expanded operations – a prospect that may appeal to a new owner seeking growth opportunities.
During the past 20 years, the owner has cultivated a loyal customer base; in recent years, he has often received requests to add pick-up and delivery services, which could easily bolster revenue.
As the owner contemplates pursuing other interests after nearly two decades of successful operations, this well-established and stable business presents an enticing opportunity for acquisition.
This is a turnkey operation, and the owner is willing to provide up to two weeks of complimentary training for the new owner to ensure continuity and proficiency in operating the business.
Down Payment: $280,000
Total Sales: $360,000
Cash Flow: $118,800
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $500
Inventory Included: Yes
Year Established: 2005
Days & Hours of Operation: (M -F: 7-7) / (SAT: 8-5)
Owner Hours Per Week: Owner Run
Non-Owner Payroll: N/A
Employees: 3
Absentee Owner: No
Lease Option: Renew Every 3 Years
Real Estate: N/A
Monthly Rent: $6,500
Type of Location: Business Plaza
Square Footage: 1900
Reason For Sale: Pursue Other Interest