The Plant Is About 1,600 Square Feet, Located In An Open Mall With Plenty Of Parking And Several National Tenants, And Has Many New Equipment. The Owners Had It For 3.5 Years And The Previous Owner Ran It For Several Years. Remaining Lease: 2 Yrs And 5 Year Option. Total Rent Including Common Area Costs: 4,700/M. Husband, Wife And One Ft Employee Run The Place For 6 Days A Week And 69 Hours Per Week.
Other Monthly Expenses: Employee: 1,500, Pg&e: 1,050, Telephone: 60, TV Cable: 46, Supplies: 500, Credit Card Fees: 255, Repair: 50,, Liability Insurance: 155.
The Net Income Generated From The Plant Is 60,000 A Year. In Addition, They Serve Two Agencies That They Do Not Own Which Bring In An Additional Net Income Of 60,000 Per Year. So The Total Net Income Is 120K Per Year.
Equipment: Natura Em Hydrocarbon 40 Lbs (2 Yrs Old), Gobukson Press (2 Yrs Old), Sankosha Single Buck Shirt Press (5 Yrs Old), 50 Lb Wascomat Dryer (4 Yrs Old), 15 Horsepower Thermosteam Boiler (3 Yrs Old), Rema Dri Vac (2 Yrs Old), Ge 75 Gallon Hot Water Tank (1 Yr Old), Six Presses Of Varying Ages (New Yorker, Sankosha, Ajax, Cissell), 80 Gal. Compressor, 50 Lb Uni Wash, Three Sewing Machines, And Two Conveyors (800 And 400).
Examples Of What They Charge: 1.95 To Wash A Shirt, 5.35 To Dryclean A Shirt, 5.85 For Pants, 13.95 For A Man's Suit, 9.95 For A Dress, 5.85 For A Blouse.
They Have A Pos System In Which They Enter Every Sale.
|
