Dry Cleaner's for sale $425,000

Redding, CA
Asking Price:$425,000
Rent:$3,375/Month
Established Year:1980
Gross Revenue:$362,000
FF&E:$86,250
BUSINESS DESCRIPTION

Turnkey and profitable at a 7.2% Cap Rate

A long standing dry cleaning business is now for sale. Hartnell Cleaners has been servicing the Redding, Anderson and Cottonwood communities for over 40 years. Great repeat client base for continued profitability. Easy client access on busy street with great exposure. Established pickup/drop-off delivery route. Owner will train with acceptable offer. Purchase price includes all equipment, delivery van, business name, goodwill and building lease. This is a turnkey fully operational business with room to grow.


DETAILED INFORMATION
Location
Redding, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,800
Lease Expiration
30/04/2028
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All equipment to operate the business including a delivery van for pickups and drop offs
Financing
P&L Available with signed NDA
Support & Training
Seller will train with acceptable offer, up to 30 days
Reason for Selling
Owner(s) retiring

BUSINESS LOCATION
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Richard Howe
Richard Howe