Dry cleaner ($220,000 net yearly)
Los Angeles, CA
| Asking Price: | $598,000 |
| Gross Revenue: | $725,000 |
| EBITDA: | $248,200 |
| Cash Flow: | $220,000 |
| Inventory: | $7,000 |
| Established Year: | 1998 |
Listing ID: 2119393Listing provided by BizBuySell
BUSINESS DESCRIPTION
One shot pay recommended for the good negotiation. Prime location in town, Easy to run as family business. Owner retires after 30 years business in the area.
Monthly sales is around $65,000, 3000sf of ample size and full service equipment, rent is only $16k/m.
Parking at the Front. Great cash cow. $1.5 million was paid to take over
E-2 visa investment is possible if qualified. Only for the qualified buyers. The owner will prove net income after the price is agreed by written offer. Please text 1 201 328 4324 or Email:leo@cityporpertyassociates.com
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Employees
5
Facilities
3 Press, Boiler 25Lb, 40 Lb Dry cleaner and heavy duty Sacosa laundry machine. All machines for the client's satisfaction are like new and mint condition, solid building with nice interior decoration.
Everything is included for the turn key operation.
Competition
Not much.
Growth & Expansion
Market is good and bright again, now it needs more Internet marketing, also social media and smart phone apps are necessary to boost sales. Wholesale accounts can be created more if wanted.
Financing
10-20% financing if good credit.
Support & Training
Current owner will hand over all the needs and accounts for the buyer and will train up to a month.
Smooth transition will be followed with coordination.
Reason for Selling
Retiring
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