Price: $175,000
Location: Los Angeles County
Industry: Dry Cleaners
Listing ID: 5706 JR
Listing Status: New
Well-established dry cleaning business located in a highly desirable community, successfully serving customers since 1986. The business has built an excellent reputation for providing high-quality dry cleaning and alteration services with prompt, friendly customer service, resulting in a large base of loyal repeat customers. The operation is fully equipped with a 60 lb. Hydro-Carbon dry cleaning machine, 1,000-slot conveyor system, and all necessary equipment to efficiently perform professional dry cleaning and garment care services. This is an ideal opportunity for an experienced operator to acquire a successful, long-established business with strong community recognition and an established customer base.
Approximate monthly operating expenses include:
* Rent: $5,733
* Payroll: $7,000
* Utilities: $2,300
* Repairs & Maintenance: $350
* Credit Card Processing: $500
* Payroll Taxes: $350
* Supplies: $1,200
The current owner has done minimal marketing, presenting significant growth potential for a motivated new owner. Additional revenue opportunities may include reintroducing same-day service, pickup and delivery, fluff-and-fold laundry service, and other expanded customer services. Excellent opportunity to grow an already established operation in a strong market area. Contact the listing broker today to schedule a confidential appointment.
Office ID 5706 JR
Down Payment: $175,000
Total Sales: $330,000
Cash Flow: $102,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: N/A
Year Established: 2004
Year of last Acquisition: 14
Days & Hours of Operation: M-F 7 AM -7 PM, Sat 8 AM to 5 PM
Owner Hours Per Week: Full Time
Non-Owner Payroll: $84,000
Employees: 2
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $5,733
Type of Location: Strip Center
Square Footage: 2000
Franchise: No
Reason For Sale: Retiring
