WEST COVINA, California
| Asking Price |
$225,000 |
Year Established |
2004 |
|
| Annual Revenue |
$330,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$102,000 |
Attention |
Javier Ruiz |
|
| Annual Cash Flow |
$102,000 |
Listing Number |
1010536 |
|
| # of Employees |
2 |
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Well-established dry cleaning business located in a highly desirable community, successfully serving customers since 1986. The business has built an excellent reputation for providing high-quality dry cleaning and alteration services with prompt, friendly customer service, resulting in a large base of loyal repeat customers. The operation is fully equipped with a 60 lb. Hydro-Carbon dry cleaning machine, 1,000-slot conveyor system, and all necessary equipment to efficiently perform professional dry cleaning and garment care services. This is an ideal opportunity for an experienced operator to acquire a successful, long-established business with strong community recognition and an established customer base.
Approximate monthly operating expenses include:
* Rent: $5,733
* Payroll: $7,000
* Utilities: $2,300
* Repairs & Maintenance: $350
* Credit Card Processing: $500
* Payroll Taxes: $350
* Supplies: $1,200
The current owner has done minimal marketing, presenting significant growth potential for a motivated new owner. Additional revenue opportunities may include reintroducing same-day service, pickup and delivery, fluff-and-fold laundry service, and other expanded customer services. Excellent opportunity to grow an already established operation in a strong market area. Contact the listing broker today to schedule a confidential appointment.
Office ID 5706 JR
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