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Newport Beach, California
Dry Cleaning, Dry Cleaners
1 result for "Dry Cleaning, Dry Cleaners" businesses in "Newport Beach, California"
Newport Beach, California
Dry Cleaning, Dry Cleaners
1 result for "Dry Cleaning, Dry Cleaners" businesses in "Newport Beach, California"
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Orange County, California
Highly Profitable & Established Dry Cleaning Business in Premium Orange County Location
$ 350,000
CF : $ 144,000
Presenting an outstanding opportunity to acquire a highly profitable, established dry cleaning business operating in a premium Orange County location since 2019. Generating $477,000 in annual revenue on average for the past 3 years with an estimated Seller's Discretionary Earnings (SDE) consistently around $140K, this turnkey operation boasts a perfectly balanced revenue stream of 50% over-the-counter sales and 50% pickup and delivery services, complete with an included delivery van. An exceptional opportunity to acquire an established and highly profitable premium garment care and dry cleaning business, discreetly located in a busy, highly visible Orange County shopping center. The sale includes all dry cleaning and laundry equipment, along with one dedicated delivery van, fully equipping the new owner to continue servicing a high-end clientele. The business requires minimal owner oversight to maintain current revenues, and the current Operations Manager is available to stay on to ensure a seamless operational transition. Growth & Expansion Potential There is significant room for immediate expansion. A new owner can easily increase net income by optimizing operational expenses, aggressively marketing the pick-up and delivery routes to neighboring affluent communities, and securing new commercial accounts. The business faces very little direct competition in its immediate area. Key Financial & Operational Details Facility: ~1,200 SF leased space in an upscale shopping center with ample parking. Rent: $6,000/month Staffing: Fully staffed with 5 reliable employees (3 Full-Time, 2 Part-Time). Monthly payroll is approximately $21,000. Support & Training: The seller is committed to your success and will provide full training. Reason for Selling: Partnership dissolution and shifting focus to other business interests.
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