Established Dry Cleaner & Plant-Prime Glendale Location

Asking Price$375,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$500
Included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

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Established Dry Cleaner & Plant-Prime Glendale Location


Asking Price$375,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$500
Included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Business Description
Well-established dry cleaner & plant in the heart of Glendale, serving the community for over 35 years. Current owner has successfully operated the business for the past 20 years and is ready to move on to another business.
This profitable business is located in a high-traffic shopping plaza with ample parking, surrounded by strong customer base in a very desirable neighborhood.
HIGHLIGHTS:
Gross Revenue: $360,000 Net Income: $180,000 p/Year Asking Price: $375,000 Rent $5575/Mo. Size: 1,500 sq.ft.
Loyal customer base w/repeat business, Alteration and shoe repair service included, All equipment in excellent working condition, Ownere works part-time: 3 experienced employees in place.
This is a TURNKEY OPPORTUNITY for a new owner to step in and continue operations with minimal effort. Huge POTENTIAL TO GROW REVENUES EVEN FURTHER.
(SERIOUS INQUIRIES ONLY. WE ARE LOOKING FOR CASH BUYER-NO SBA LOANS OR SELLER FINANCING)
About the Business
Years in Operation
19
Employees
3
Facilities & Assets
Plenty Parking, 1500 sf. Store, most equipment's are purchased recently, very clean place and operation. Huge room to expand.
(REAL STOCK-DRY CLEANER UNIT, UNIPRESS-SHIRT UNIT, UNI MAC-COMMERCIAL WASHER, WASCO MAT-COMMERCIAL DRYER, 3-AJAX-PRESSER, BOILER, VACUUM UNIT, COPMRESSOR, WET-CLEANNING UNIT)
Market Outlook / Competition
Business is in super prime location, few steps away from the Glendale Galleria and Americana, with many homes and apartments around,
Opportunities for Growth
Huge growth and expansion possible, owner will explain.
About the Sale
Seller Motivation
moving to other business interest.
Transition Support
Seller will train up to 4 weeks after close of Escrow.
Financing Options
CASH only NO LOAN, need to provide PROVE OF FUNDS, we will go with Escrow.
Listing Info
ID
2320936
Listing Views
7985
Attached DocumentsAttachment Disclaimer

NDA_Dry_Cleaner_n_Plant.docx


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Business Listed by: Richard Jamgocyan X-CHANGE REALTY & INVESTMENTS

Listing ID: 2320936 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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