Dry Cleaner in Costa Mesa with Potential

Asking Price$299,000

Cash Flow
$74,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$324,000

InventoryNot Disclosed

FF&ENot Disclosed

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Dry Cleaner in Costa Mesa with Potential


Asking Price$299,000

Cash Flow
$74,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$324,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
MONTHLY GROSS: $27,000
MONTHLY RENT: $5,873 + $1,611 NNN
LEASE TERMS: 5+5
STORE SIZE: 1,650 SF.
OPEN HOURS: 8AM-6:30PM MON-FRI, 9AM-4PM SAT.
EMPLOYEES: 1 FT + PT OWNER
WAGE: $4,000
OWNER SINCE: 2004
REASON FOR SELLING: TOO FAR FROM OTHER LOCATION.
FINANCING: 50% DOWN 50% BANK LOAN
NOTE: FANTASTIC LOCATION WITH PLENTY OF PARKING.
CURRENTLY RUNNING AS AN AGENCY, BUT IT’S FULLY
EQUIPPED TO RUN AS A PLANT.
CURRENT OWNER IS DOING ALL THE CLEANING AT
THE OTHER LOCATION. ROOM TO IMPROVE THE BUSINESS
WITH OWNER-OPERATOR. PLENTY OF BUSINESSES AROUND
THE AREA FOR COMMERCIAL ACCOUNTS.
PRICE LIST:
SHIRT $3.95 SHIRT DC $7.75
BLOUSE 7.75 PANTS 7.75 SUIT:19.93
NET INCOME: $6,200/MO.
About the Business
Facilities & Assets
1650 sf.
Market Outlook / Competition
Not much competition
Opportunities for Growth
Currently running as an agency, but fully equipped to do all the work in-house.
Potential to increase business. Prime location.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,650
Rent
$7,484.00 per month
About the Sale
Seller Motivation
Selling due to long commute
Transition Support
Seller will train
Listing Info
ID
2441885
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Business Listed by: Jack Oh Power Realty & Investments

Listing ID: 2441885 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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