Dry Cleaner, huge upside potential-heart of LA

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$69,000 $154,500

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner, huge upside potential-heart of LA Broker: Nassim Bayat

Quick Facts

Asking Price: $69,000
Annual Revenue: $154,500
Net Profit: Not Disclosed
Cash Flow: $80,268
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 882251958
Broker Reference #: 01311-180651

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Business Overview:

Dry Cleaner in the heart of downtown LA and it has huge upside potential. This business has 35 years of history in the same location. The current owner has owned it for the last 14 years. The location and the business are great. The business is perfect for someone with new energy to grow it to achieve it's highest potential. The FF&E's are older and need some upgrades and that is why it's priced as such. It has a nice lease in place and most of the utilities are covered by the landlord. The boiler is not in the unit and is in a separate location which means the unit's temperature is pleasant. The owner is selling as he desires to retire after 14 years of work at this location.

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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.

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