Hot Listing

Hi Volume Dry Cleaner S. OC

Asking Price$995,000

Cash Flow
$314,895
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$748,375

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Hi Volume Dry Cleaner S. OC


Asking Price$995,000

Cash Flow
$314,895
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$748,375

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

Business Description
MONTHLY GROSS: $63,000
MONTHLY RENT: $8,300
LEASE TERMS: NEW LEASE
STORE SIZE: 1,450
OPEN HOURS: 9AM-6PM MON-FRI, 9AM-5PM SAT
EMPLOYEES: 4 FT, 1 PT
WAGE: $16,000/MO
OWNER SINCE: 2004 (1 OWNER WORKS FT)
REASON FOR SELLING: RETIRING AFTER 20 YEARS IN BUSINESS
FINANCING: 30% DOWN SBA LOAN.
NOTE: FANTASTIC LOCATION NEAR MULTI-MILLION DOLLAR HOMES.
NO COMPETITION. HUGE PROFIT MARGIN. PLENTY OF PARKING.
ROOM TO RAISE PRICES.
SHIRT WASH: $4.50
SHIRT DC: $7.75
SUIT DC: $20.50+
DRESS: $13+
About the Business
Years in Operation
55
Employees
5
Facilities & Assets
1,450 sf. Plenty of parking
Market Outlook / Competition
Not much competition
Opportunities for Growth
Room to grow this business and also room to increase prices.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,450
Rent
$8,300.00 per month
About the Sale
Seller Motivation
Retiring after 20 years
Transition Support
Seller will train. No experience needed.
Listing Info
ID
2306213
Listing Views
4158

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Business Listed by: Jack Oh Power Realty & Investments

Listing ID: 2306213 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.