$500,000.00
Asking Price
Address: West Hills, 91307.
Status: Active
Posting ID: 276123
5/11/24
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.
Contact
Details
Asking Price: $500,000.00
Down: $300,000.00
Cash Flow: $175,000.00
Revenue: $525,000.00
Area: West Hills
City: West Hills
Attributes:
My Notes About This Listing
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Revenue
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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