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Barnabas Shin
Hana Realty
Postings
Pasadena, California
Dry Cleaner - Plenty Of Parking, Great Exposure
$ 399,000
CF : $ 200,000
For sale is a dry cleaning businesses with an absentee owner who is retiring. The business generates a gross income of $48,000 per month, with $35,000 coming from the plant and $13,000 from the drop-off agency. The business has been under absentee ownership for a long time, presenting a great opportunity for a new owner to explore and expand its potential. This dry cleaning location is highly sought after by many, and now is the perfect time to secure it before someone else does. It offers excellent exposure from a signalized, busy street corner and has plenty of parking. All employees are well-trained, ensuring smooth operations in the owner’s absence. Additionally, all equipment, including both dry cleaning and laundry machines, meet government codes, up to the codes, well maintained. Monthly Gross Income - Plant: $35,000 Rent: $6,000 incl NNN Payroll: $8,860 (1 Pressor & 1 Counter w/owner working) Other monthly expenses: $6,500 Monthly Gross Income - Agency: $13,000 Rent: $3,500 Other monthly expenses: $1000 Total Net: $16,300 Pants: $9.25 Laundry Shirts: $4.25 2 pc Suits: $19.50 2 pc Dresses: $17.25 Business Hours: M-F 7am - 6pm, Sat 8am - 6pm