Growing Dry Cleaning Operation-resilient Up-market
Not Disclosed, CA San Francisco County
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- RE: Growing Dry Cleaning Operation-resilient Up-market
- Contact: Ryan Drake-Lee
Quick Facts
| Asking Price: | $361,095 | |
| Annual Revenue: | $668,976 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $162,766 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $720,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | 8 | |
| BBN Listing #: | 995277 | |
| Broker Reference #: | 60333-955513 |
Business Overview:
Long-standing dry cleaning and commercial laundry business in an up-market neighborhood in San Francisco county. This business has multiple FT and PT staff for continuous operations 6-days/week. Very strong hotel clients including large national chains located at Fisherman's Wharf, Embarcadero and Union Square hotels.
Transworld Business Advisors San Francisco Ryan Drake-Lee DRE # 02229462
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Property Features and Assets:
Operating for over 25+ years
Commercial Plant, Parking for vehicles through garage, Residential home behind the retail storefront.
Market Competition and Expansion:
Many weak dry cleaning operations shut down during the pandemic, creating client consolidation opportunities for the strong operators that are still in business. This is one of the strong operators with room to grow commercial clients and expand.
Strong potential to build on existing commercial hotel contracts for laundry and dry cleaning and expand to more hotels and commercial restaurant and corporate accounts.
Reason for Selling:
diversifying. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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