Listing Expired

Business For Sale

Services: Dry Cleaning & Laundry


Classic Dry Cleaner

Salinas, CA

Asking Price: Annual Revenue:
$215,000 Not Disclosed

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.

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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.

Request More Information
Contact the Seller

RE: Classic Dry Cleaner Broker: Flora Chong Business Team
Owner Financing is Available!
With $151K down will finance $64K

Quick Facts

Asking Price: $215,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: Not Disclosed
Listing Number: 450931

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