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For Sale: Dry Cleaner - Over 40 Years, High Income Area - Orange County, California

$239,000.00

Asking Price

  • Status: In Escrow

  • Posting ID: 284632

  • 7/2/24

Orange County Dry Cleaner - Over 40 Years, High Income Area Business For Sale
Dry Cleaner - Over 40 Years, High Income Area Company For Sale
Orange County Dry Cleaner - Over 40 Years, High Income Area Companies For Sale
Buy, Sell A Dry Cleaner - Over 40 Years, High Income Area Business
Selling A Orange County Dry Cleaner - Over 40 Years, High Income Area

Description

For sale is a dry cleaning service plant that has been at the location for over 40 years near La Brea. They have a brand-new Hydrocarbon dry cleaner machine that is just over 2 years old, but the seller will pay off the buyer's machine payment fee. As of end of the year 2023, this dry cleaner recovered about 90% of sales revenue comparison of prior of pandemic revenue. There is a brand new dry cleaning machine (Union HL 840 ) which the seller will pay off at close of escrow.

It is in a decent shopping center with a major supermarket chain store and others at a medium-high income neighbor area. This is a retirement sale at a very reasonable pricing. All alterations and other leather goods repairing orders are covered by outside service contacts.

Service prices are reasonable and there is some room to increase: Suits $14.95; Pants $5.95; Dress $13.95; Shirts $3.20; laundry $4.95; Sports Jacket $7.50 as of now

  • Monday to Friday: 7:00 am-7:00 pm
  • Saturday: 8:00 am-5:00 pm
  • Sunday Closed

The lease is good until July 31st, 2025 plus options of 5 years base & CAM charges all together which is about $5,887 per month at 1,560 square feet.

It is possible to have an SBA loan depending on the buyer's qualification. For more detailed discussion, please call or email me.

To get more information about this Dry Cleaner - Over 40 Years, High Income Area business for sale in Orange County please phone James Kwon (Broker - BRE License #:01382901) at 213-327-5400 Cell and 213-327-5400 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284632 on BizBen.com. In addition to phoning James Kwon, make sure you email James Kwon above to get more info about this Dry Cleaner - Over 40 Years, High Income Area, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01382901. Equity Realty Inc..

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Contact

  1. Name: James Kwon
  2. phone iconPhone: 213-327-5400 Cell
  3. phone iconPhone: 213-327-5400 Text

Details

  1. Asking Price: $239,000.00

  2. Down: $120,000.00

  3. Cash Flow: $154,000.00

  4. Revenue:    $311,808.00

  1. Area: Orange County

  2. City: None Given

  1. Attributes:

    Training & Support

My Notes About This Listing

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Related Links & Information Regarding This Posting

Email James Kwon Below About This Posting


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