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Turnkey 60-Year Dry Cleaner in San Mateo County
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Net $80,000/ year
Net $80,000/ year for dry cleaning plant
This is a rare opportunity to own a well-established 60 years dry cleaning business in a highly desirable area of San Mateo County. Located in a small, busy strip mall surrounded by residential neighborhoods, this neighborhood cleaner benefits from consistent foot traffic and a loyal customer base. The business is clean and professionally maintained, with equipment that the owner reports was fully upgraded just 2 years ago. It generates over $18,000 in gross income per month, with relatively low overhead expenses. The current rent is $6,350 per month, and the landlord is willing to offer a long-term lease to a qualified buyer. According to the seller, an owner-operator can earn approximately $7,000 per month in net income. The seller is motivated and has priced the business below market value for a quick sale, making this an excellent opportunity for someone looking to acquire a turnkey operation with stable income and growth potential in an upscale community.
According to the seller, the business was sold for $300,000, but unfortunately the new buyer got deported, so the motivated seller is asking for $135,000.
This is a rare opportunity to own a well-established 60 years dry cleaning business in a highly desirable area of San Mateo County. Located in a small, busy strip mall surrounded by residential neighborhoods, this neighborhood cleaner benefits from consistent foot traffic and a loyal customer base. The business is clean and professionally maintained, with equipment that the owner reports was fully upgraded just 2 years ago. It generates over $18,000 in gross income per month, with relatively low overhead expenses. The current rent is $6,350 per month, and the landlord is willing to offer a long-term lease to a qualified buyer. According to the seller, an owner-operator can earn approximately $7,000 per month in net income. The seller is motivated and has priced the business below market value for a quick sale, making this an excellent opportunity for someone looking to acquire a turnkey operation with stable income and growth potential in an upscale community.
According to the seller, the business was sold for $300,000, but unfortunately the new buyer got deported, so the motivated seller is asking for $135,000.
Listing Info
- ID
- 2395498
- Listing Views
- 2570
Listing ID: 2395498 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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