Growing Dry Cleaning operation in resilient up-market district

Asking Price$361,095

Cash Flow
$162,766
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$668,976

InventoryNot Disclosed

FF&E$720,000
Included in asking price
Real Estate$1,950,000
Included in asking price
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Growing Dry Cleaning operation in resilient up-market district


Asking Price$361,095

Cash Flow
$162,766
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$668,976

InventoryNot Disclosed

FF&E$720,000
Included in asking price
Real Estate$1,950,000
Included in asking price
Business Description
Transworld Business Advisors San Francisco Ryan Drake-Lee DRE # 02229462

Long-standing dry cleaning and commercial laundry business in an up-market neighborhood in San Francisco county. This business has multiple FT and PT staff for continuous operations 6-days/week. Very strong hotel clients including large national chains located at Fisherman's Wharf, Embarcadero and Union Square hotels.
About the Business
Years in Operation
28
Number of Employees
8
Facilities & Assets
Commercial Plant, Parking for vehicles through garage, Residential home behind the retail storefront.
Market Outlook / Competition
Many weak dry cleaning operations shut down during the pandemic, creating client consolidation opportunities for the strong operators that are still in business. This is one of the strong operators with room to grow commercial clients and expand.
Opportunities for Growth
Strong potential to build on existing commercial hotel contracts for laundry and dry cleaning and expand to more hotels and commercial restaurant and corporate accounts.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,540
About the Sale
Seller Motivation
Diversifying
Transition Support
# of Weeks Seller Will Offer Training- 6
Listing Info
ID
2393708
Listing Views
241

Contact Seller

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Business Listed by: Ryan Drake-Lee Transworld Business Advisors of San Francisco

Listing ID: 2393708 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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