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Established Dry Cleaning Shop

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Other interests
Description  Located on a busy main street shopping center in Fountain Valley, California this shop needs a new owner who will give it some TLC. The shopping center is anchored by a recently opened regional chain grocery store and gets plenty of traffic since there are restaurants and kid oriented destination services including dental, a name branded tutoring company and fitness training. The owners have chosen to not use the equipment in the store but to use a 3rd party resource for their cleaning and laundry work. Work could be done on site. This location is not profitable - the current revenue volume could be greatly improved with some advertising and marketing not done by the current owners. For example the sign is in need of replacing or refurbishing, flyers should be distributed to the grocery store customers parked in the lot several times a day, an old van could be parked on the busy street as a sign, advertising can be done to attract new customers, a bounce back campaign should be started and more none of which is being done by the owner. The owners of this shop own a wholesale cleaning and laundry business and will enter into a contract at a greatly discounted rate for the new owners to help them get started. This is a big plus. Terms of this agreement to be negotiated as part of purchase agreement. For more information please call Gerry Bordelon (DRE01225784) or 714-606-6480 or Rick Eggleton (DRE01278255) at 949-788-7775. Co-brokerage not available for this listing. Non-disclosure and buyer profile required.
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