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Full Serve Dry Cleaner Plant For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $135000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks 40 hours a week
Reason for Sale Retirement
Description First time on the market! After 13 successful years, the owner decided to retire and enjoy her grandchildren. The business is in great location with high visibility and ample parking. It is located on one of the busiest, most attractive, and most traveled parts of Ventura Blvd. The plant has been in the same shopping center for 19 years and with the current owner for 13 years. The plant is located near office buildings and anchored tenants and receives a great deal of foot traffic. This established plant can easily handle more growth. The majority of revenue is from walk in business but a new owner can add more route accounts and watch the revenue increase! This could be a stable family business. This is an easy to own and easy to operate business. You may use this as a full base station or satellite drop shop store. Rain or shine, somebody has to clean cloths. Make an appointment soon to see it for yourself.
The plant is fully equipped, with a 40 Lbs. Dry Cleaner machine, Shirt Machines (older model) 3 piece shirt machine, missing one piece, Conveyer, Dressing Room, 4 Washers and 3 Dryers, (only one set is hooked up), Sewing Machines, Blind Stitch Machine, zipper machine, Suzi, Mushroom machines and all types of Presses. It also has Boiler, Compressor, and Vacuum Tank inside a large closet room.
As per the Seller, for the 12 month period ending March 31, 2012, revenue was $135,000 and Sellers Discretionary Earnings of $45,000. Seller will carry a Note for a qualified Buyer. The above reference numbers are per the Seller and are approximate. Buyer to complete their own review of books and records during Due Diligence.
Marketing: This great location has unlimited growth potential. You have to see it to believe it! The seller is forced to sell the business because she is retiring.
Strengths & Opportunities: The business currently has mostly walk-in customers. A new owner could add more drop shops or additional services. Revenues could be inc
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