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Business For Sale

Classic Dry Cleaner

Salinas, CA

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$215,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1992
Not Disclosed
450931
Owner Financing is Available!
With $151K down will finance $64K

Business Overview:

Here is a chance to buy a full service dry cleaner in Salinas, whose original owner had a very successful business. After 10 years, he sold the business & retired in 2002. The business closed when a subsequent owner couldn’t run business effectively; restarted the business by refurbishing the equipment; & installing 10 washers & 6 dryers at a cost of $200,000. Has alterations, large volume laundry. There is an up-down conveyor as well as a floor conveyor system for large volumes of clothes. This owner wants to restore the excellent reputation for great service. After 2 months, he already has had excellent response from old & new customers. The owner needs to retire a second time, for health. Will stay for a month & help with marketing. Will show his finances of his 10 years of previous ownership. Has about 3000 SF space; in the same location for 38 years; in a busy 12-unit shopping strip that includes 4 national tenants (hardware, auto parts, tax service & chain restaurant) & a gourmet grocery store. The business is waiting for someone to carry-on this premier dry cleaning service.

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:

3,000 Sq. Ft. space in shopping large shopping center w/4 national tenants; on the main street, same location 38 yrs; 6 new washers, 4 dryers, & refurbishing at cost of $200K. Large vertical & horizontal conveyers. Lease $3700 exp 12/2014, 6 yr option.

Reason for Selling:

Retiring

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.