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Fast Growing City of Roseville, CA

Sacramento, CA

Seller Financing Available

Asking Price:$250,000
Gross Revenue:$290,000
Rent:$5,908/Month
Established Year:2004
Cash Flow:$91,500
Inventory:$5,000
FF&E:$250,000
Listing ID: 2260176Listing provided by BizBuySell
BUSINESS DESCRIPTION

owner is retiring, operating 2 dry cleaning plant and 2 pick up & drop

Operating greater Sacramento area
1. Dry cleaning plant : 1500 W. El Camino Ave #7 Sacramento, CA 95833
2. Pick up and drop off : 1625 19th Street Sacramento, CA 95811
may check the web site for more details

main plant located 10 min from Sacramento downtown, many customers work for State.and all
Pick up & drop off location located at Midtown Sacramento. and all equipment work fine

all equipment is working fine. there is a option to buy two other locations at city of Roseville which 25 min from Sacramento Downtown.
The seller will work with you to get the new leases for both locations.
If you don't have experience for dry cleaning business, the seller will training the buyer until the buyer gets ready for operates both locations.

DETAILED INFORMATION
Location
Sacramento, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,050
Lease Expiration
31/07/2024
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Dry Cleaning plant : this is the complete service plant with laundry service as well. POS system(2), Conveyor(1), counters (3), dry cleaning machines (2), washers(3), Commercial dryer (1), Top press machine (1), Form finisher (1) Pant topper (1), Pant legger press (1), spotting board (1), and New 15HP fulton boiler ( $50K). Pick up and drop off location: Counters (3), Conveyor (1), sewing machines (3)
Competition
There is only one competitor within 3 miles ratio,but the competitor is discount cleaner, means do bulk cleaning with poor quality, is not consider as quality dry cleaner. within two miles, building 300 new homes. television company within one miles. The cleaner locates at Grocery anchors (Bel Air) neighborhood community shooing center with 20 other tenants, including Wells Fargo & BOA
Growth & Expansion
Managers runs each stores, if the owner operates daily basis, will generate lot more sales volume, the spouse is able to do alterations, save extra $4K/ month, contract with Contents Recovery Company who is servicing the fire and water damages( $2K/month).
Support & Training
1 month training 8 hrs/day M-F, will help any machines break down. The buyer may come to other location for training which the seller owned as much as 60 days.
Reason for Selling
retiring
BUSINESS LOCATION
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David Kim
Phone Number
David Kim
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