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For Sale: Dry Cleaner Shop - With Additional Services - West Hills, California

$500,000.00

Asking Price

  • Address: West Hills, 91307.

  • Status: Active

  • Posting ID: 276123

  • 5/23/24

Description

Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house. We do not do any wholesale work, We do have a route one day a week which a new person could expand,This plant is impeccably maintained to a very high standard and shows true pride of ownership.

SERVICES OFFERED:
Pickup and delivery (one day per week)
100% wet cleaning
Laundered Shirts
Alterations (We did not have a tailor last year, We hired one 3/1/24)
Household including drapes
Fluff & Fold service
Suede and Leather (on-premises)
Rugs
Shoeshine

Our prices are continually raised. These are our base prices:
Suits $24.45, Pants $10.20 D/C Shirts $8.75, Laundered Shirts $5,00. Dresses $15.20, Sweaters $9.50, Blouses $8.75

Rent $4,791.00 including cam charges

Hours 7-6 Monday - Friday 7-5 Saturday Closed Sunday
Employees: 4Full Time, 1 Part Time Driver

The owner is 77 years old and wishes to devote his time to other interests and investments, Owner works 2-3 hours per day. A younger person should be able to take this to the next level.

Do not listen to people who disparage wet cleaning. I have been in the dry-cleaning business for over 50 years and have been doing wet cleaning since the mid-'90s. It is much more profitable than dry cleaning. Water is cheaper than solvent and there are no permits, and you are 100% environmentally compliant, unlike dry cleaning. I have developed this system so that my counter people can clean loads.We use this plant to teach wet cleaning.SBA has approved this plant for $500,000. $300,000 down if you are a qualified buyer with good credit. I prefer an experienced operator but can provide excellent training.

We do all work on premises except alterations (absolutely no wholesale) .We grossed $517,000 and netted $200,000 in 2022. In 2023, we grossed $525,000 with no alterations, I expect our gross to increase to between $550,000 and $575.,000 without advertising. We have not advertised since before the pandemic. The cleaners around me have closed up, and there are two agencies that are about a mile away. A younger person should be able to make this grow. Because of my age, I choose to only work 2-3 hours a day. New video cameras just installed so we're able to monitor the store from my cell phone.

Excellent documentation can be provided,

For sale by owner with broker cooperation

$500,000

To get more information about this Dry Cleaner Shop - With Additional Services business for sale in West Hills please phone Nick Tirabassi at 818-297-9890 Cell and 818-297-9890 NoText - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276123 on BizBen.com. In addition to phoning Nick Tirabassi, make sure you email Nick Tirabassi above to get more info about this Dry Cleaner Shop - With Additional Services, to ask any questions or request an appointment to see this business for sale. Thank you.

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Contact

  1. Name: Nick Tirabassi
  2. phone iconPhone: 818-297-9890 Cell
  3. phone iconPhone: 818-297-9890 NoText

Details

  1. Asking Price: $500,000.00

  2. Down: $300,000.00

  3. Cash Flow: $175,000.00

  4. Revenue:    $525,000.00

  1. Area: West Hills

  2. City: West Hills

  1. Attributes:

    Broker CooperationAbsentee RunTraining & SupportFor Sale By OwnerOwner/Seller FinancingVirtual (No Physical Location)

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Related Links & Information Regarding This Posting

Email Nick Tirabassi Below About This Posting


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