Business for Sale Overview:
This is a semi absentee dry cleaner with alteration service, located in a shopping center with over 20 retail stores, bank, and national chain restaurants, on Major Street next to FWY in affluent city of south Orange County. All the services are done on the premises and all the machinery are in good condition. The owner says he has a good record keeping system and he can prove all the numbers. He believes if new buyers spend some more time in the business, they can increase the profit, by better supervision and also by reducing the labor cost since the current owner works part time. This is a very good business in a great area and makes good money. The only reason the owner is selling it because he is moving overseas for some business venture. Annual Revenue: $190,000. FF&E (Included in the price): $147,647. Inventory (Included in the price) $1,000. Seller's Discretionary Cash Flow $60,000. Asking Price: $195,000. Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,400 sq. ft. -rent $4,200. Lease expires 2012 - 5 year option. Ample parking. Seller will provide training.
Reason for Selling:
Relocation.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.