NOT DISCLOSED, California
| Asking Price |
$499,000 |
Year Established |
1980 |
|
| Annual Revenue |
$39,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$159,000 |
Attention |
Austin Dinh |
|
| Annual Cash Flow |
$240,000 |
Listing Number |
1000075 |
|
| # of Employees |
6 |
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Established for over 50 years, this highly profitable dry cleaning business occupies a prime 1,800 sq. ft. location in a busy plaza at the heart of Palm Springs, offering excellent visibility and easy access from all directions. The current owner has successfully operated the business for 13 years, streamlining operations to generate approximately $430,000 in annual revenue and net income of more than $240,000. Surrounded by several senior communities, the business benefits from a loyal customer base and has significant growth potential. A motivated new owner could further increase profitability by expanding services, such as introducing pick-up and drop-off options. According to the seller, all major machinery and equipment are in excellent condition, with most purchased after COVID-19.
Cleaning Operations - Dry Cleaners (w/Plant)
Listing: 5652 AD
Property Features and Assets:
Market Competition and Expansion:
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