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For Sale: Dry Clean Agency - Well Established - Los Altos, Santa Clara County

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Current Status: Active     Posting #: 247398     Last Refreshed: 4/30/19     BRE License #: 017784483    
Contact: Soo Kong Lim At 408-828-9784 , 408 342 3000  -  Also Email This Contact Below
Price:  $90,000     Down:  $90,000     Adjusted Net:  $46,668     Revenue:  $123,135    
Business Address:  None Given     City:  Los Altos     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Soo Kong Lim at 408-828-9784 and 408 342 3000.

  Description About This Posting: Dry Clean Agency - Well Established
Profitable Dry Cleaning Agency -Simple Operation

-Established. Stable and predictable monthly cashflow. Turkey
-Low OPEX. Strong profit margins.
-Trusted brand. Same brand name for over 25 years. Loyal clientele
-Prime corner location, enhanced visibility. Upscale high income city,
-Organized simple business operation
-Clean books and records.
-5 Star Yelp review. Happy customers

This is a full-service, family-owned dry cleaning agency that has been in continuous operation under the same name since 1993.
'We take pride in our services and greatly value our customers. We are environmentally conscious. We use recycled hangers and environmentally friendly products.' The Owner
Rated 5-stars in Yelp reviews, this successful and profitable dry cleaning agency has provided stable sales income and net profits consistently for the Owner year on year.
' .. I have been using this small business for 19 years. The Owner is a sweet kind lady eager to please ' Yelp review,
' .I'm extremely picky, but my clothes are always done perfectly here, and the owners are great. Highly recommended!' Yelp review,
' .She goes above and beyond what is required every time The place was recommended by a good friend who has been leaving her things for over 5 years and she has never had a problem. Highly recommended.' Yelp review

Located at the corner of the first floor of a large professional office building, this shop enjoys strong signage exposure and visibility. Its long term loyal and regular customers work in the same office building or are residents living in the local community.
The shop is clean, organized and well equipped, providing a pleasant and positive experience for customers to drop or pick up laundry.
The Owner runs this shop FT.

This is a reputable trusted dry cleaner with an established customer base and cashflow. It has been operating successfully under the same name for over 25 years and is uniquely positioned for a new Owner to seamlessly take over.

The key factors that have contributed to the stability and success of this business include:
1. High percentage of loyal regular customers. Over 90% of the customers are regulars including some second generation customers.
2. Simple operation. Easy to run business model that can transition seamlessly to a new Owner.
3. Desirable corner location with enhanced visibility in a professional office building
4. Low monthly OPEX, strong monthly net profits
5. Downtown location. Upscale high income city

The ideal profile of the buyer could be a husband and wife team, with one working FT and the other PT, a Dry Cleaner Plant Owner looking to expand to this desirable upscale city location with established customer base, Or, a single business minded person looking for an opportunity to get into the $11 billion dry cleaning business with an established shop providing immediate cash flow.They could continue to increase revenue and net profit riding on the successful reputation and name of the shop in this upscale city.

Reason for selling: Owner is returning to own country

Investment Highlights:
Asking Price: $90, 000( FF&E included)
Ave. Sales Income/month: $10,263
Ave. Expenses/month: $2,698
Utilities/month: $135
Rent/month: $3,541(including CAM) Expiration: 8/31/2019 plus 5 years option
Net Profit/month: $3,889
Size: 800sq. ft. With ample parking for customers
Business Hours: Mon-Fri 8.00am - 6.00pm. Sat: 10.00am- 4pm.
Sun and holidays: Closed

DIisclaimer: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors of this information. Representation as to its accuracy.

To get more information about this Dry Clean Agency - Well Established business for sale in Los Altos, Santa Clara County please phone Soo Kong Lim (Intermediary - BRE License #:017784483) at 408-828-9784 and 408 342 3000 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #247398 on BizBen.com. In addition to phoning Soo Kong Lim, make sure you email Soo Kong Lim above to get more info about this Dry Clean Agency - Well Established, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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