Dry Cleaners - In North Hollywood

North Hollywood, CA
Los Angeles County


Asking Price: Annual Revenue:
$200,000 $360,000

Services: Dry Cleaning & Laundry


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RE: Dry Cleaners - In North Hollywood Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $200,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 29155232
Broker Reference #: 5095 HP

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Business Overview:

Listing # - 5095 HP

Long Established & well known with great reputation for almost 30 years.

Full Plant Dry Cleaners with PM 60 MS Hydrocarbon System 65 LBS., One 75LBS IPSO IPD75 Dryer, BT-550 Double buck shirt unit by Itsumi USA was purchased 3 years ago at a cost of $60,000, Four Utility Press, One Foam Finisher, Two Steam Puffer,One Single Steam Puffer, Sewing Machine Single stitch Overlock Invisible Stitching, one 40 lbs & one 60 lbs Speed Queen Washer monthly lease $400 per month includes free Maintenance.

Current owner has owned it for the last five years.

Rent is only $3,860 including NNN for 1,400 Square Feet in a busy strip center at a busy intersection.

The shopping center is anchored by 7-11 with many other retailers.

All work done in the store and all sales are retails & also deliveries.

Sale Include 2016 Nissan NV 1599 Van with 55,000 miles.

Current owner works full time with help of other 4 employees.

The current owner is building another restaurant in the area.

Approximately Monthly Expenses: Rent:$3,860, Electric-Water $1,000, Gas:$1,000, Insurance:$100, Phone $100, Supply:$1,500.

New Lease Available.

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Reason for Selling:

Other New Restaurant Business Interest.

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.

Documents:

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