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For Sale: Dry Cleaners - High Volume, Semi Absentee Run - Los Feliz Area, California

$699,000.00

Asking Price

  • Address: Los Angeles,

  • Status: Active

  • Posting ID: 274085

  • 6/9/22

Description

Same owner since 1989. This has been a gold mine business for the owner for 33 years. Owner wants to find someone who can take over this turn-key business and share his success. Reasonable rent. Owner will train. Part time owner. Gross: $49,000/month. Net: $18,000/month.

Monthly gross: $49,000
Monthly rent: $8,000 + $875
Lease terms: 5+5 new lease
Store size: 2,600 sf
Open hours: 8am-6pm mon-fri / 8am-5pm sat
Employees: 7 pt
Wage: $23,000/mo
Owner since: 1989
Reason for selling: retiring after 33 years
Financing: sba loan with 25% down.
Note: owner is finally letting it go after 33 years in business.
This business has been a gold mine for this owner and he wishes
The next new lucky owner can even more succesful.
Top of the line equipment. 2 compressors, 2 boilers,
2 commercial washers, 1 commercial dryer, 3,500 slot conveyor,
Pos system. New 65lb. Dry cleaning machine installed in 2020.
Hi income neighborhood. Used to gross over 65k before covid.
Prices:
Shirt wash: $4
Shirt dry: $11
Pants: $10.75
Suits: $17.50

To get more information about this Dry Cleaners - High Volume, Semi Absentee Run business for sale in Los Feliz Area please phone Jack Oh (Agent - BRE License #:01299891) at 562-787-4989 Cell and 562-544-6863 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #274085 on BizBen.com. In addition to phoning Jack Oh, make sure you email Jack Oh above to get more info about this Dry Cleaners - High Volume, Semi Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01299891. Power Realty & Investments.

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Contact

  1. Name: Jack Oh
  2. phone iconPhone: 562-787-4989 Cell
  3. phone iconPhone: 562-544-6863

Details

  1. Asking Price: $699,000.00

  2. Down: 25%

  3. Cash Flow: $216,000.00

  4. Revenue:    $588,000.00

  1. Area: Los Feliz Area

  2. City: Los Angeles

  1. Attributes:

    Semi-Absentee RunTraining & Support

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Related Links & Information Regarding This Posting

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