Dry Cleaners Business with Growth Potential

Dry Cleaners in LA County

This dry-cleaning business's current and previous owners have enjoyed over 45 years of stable operations at the same location since the mall was built around 1979. The store is ideally situated next to two major streets, with a strong client base from Beverly Hills. The seller recommends that the new owner offer pick-up and drop-off services, which could significantly increase revenue (and enable higher pricing). The seller has a list of pick-up and drop-off customers and is willing to share it with the new owner. In addition to its prime location and significant growth potential, the business is well-equipped to support future expansion. The dry-cleaning facility includes a 40-lb hydrocarbon dry-cleaning machine (currently underutilized), two dry-cleaning presses, one laundry press, one shirt press, and a conveyor, all in good working condition. The boiler, compressor, and vacuum are housed in a backroom and are well-maintained and operational. This is truly a turnkey operation. The current owner will provide training to ensure a smooth transition, and the business is properly staffed with three part-time employees, including an on-site alteration service.

All employees are expected to remain with the business as long as the new owner wishes. The current owner acquired the business in 2007 when it was generating approximately $17k per month and successfully grew it to over $30k per month before the pandemic. Since 2019, the owner has been absentee, hiring a manager to run the operation, supported by three part-time employees. However, a few months ago, the manager retired due to health concerns. Having enjoyed retirement for several years, the owner is not interested in returning to the business or hiring a new manager. As a result, the business is now available for sale.