$199,900.00
Asking Price
Status: Active
Posting ID: 290104
2/12/25
Description
This dry-cleaning business's current and previous owners have enjoyed over 45 years of stable operations at the same location since the mall was built around 1979. The store is ideally situated next to two major streets, with a strong client base from Beverly Hills. The seller recommends that the new owner offer pick-up and drop-off services, which could significantly increase revenue (and enable higher pricing). The seller has a list of pick-up and drop-off customers and is willing to share it with the new owner. In addition to its prime location and significant growth potential, the business is well-equipped to support future expansion. The dry-cleaning facility includes a 40-lb hydrocarbon dry-cleaning machine (currently underutilized), two dry-cleaning presses, one laundry press, one shirt press, and a conveyor, all in good working condition. The boiler, compressor, and vacuum are housed in a backroom and are well-maintained and operational. This is truly a turnkey operation. The current owner will provide training to ensure a smooth transition, and the business is properly staffed with three part-time employees, including an on-site alteration service.
All employees are expected to remain with the business as long as the new owner wishes. The current owner acquired the business in 2007 when it was generating approximately $17k per month and successfully grew it to over $30k per month before the pandemic. Since 2019, the owner has been absentee, hiring a manager to run the operation, supported by three part-time employees. However, a few months ago, the manager retired due to health concerns. Having enjoyed retirement for several years, the owner is not interested in returning to the business or hiring a new manager. As a result, the business is now available for sale.
To get more information about this Dry Cleaners - With Growth Potential, 45 Years business for sale in Los Angeles County please phone Don Zeng (Broker - BRE License #:01995716) at 562-402-2686 and 714-261-7671 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #290104 on BizBen.com. In addition to phoning Don Zeng, make sure you email Don Zeng above to get more info about this Dry Cleaners - With Growth Potential, 45 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01995716. VR Business Brokers.
Contact
Phone: 562-402-2686 Phone: 714-261-7671 Details
Asking Price: $199,900.00
Down: $199,900.00
Cash Flow: $83,000.00
Revenue: $240,000.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$180,000
Revenue
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Down
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Cash flow
Call/Email
Revenue
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Down
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Down
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Down
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Call/Email
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Down
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Revenue
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Down
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Down
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Down
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Cash flow
Call/Email
Revenue
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Down
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Down
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Down
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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