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Hi Volume Dry Cleaner S. OC

Dana Point, CA
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Asking Price:$985,000
Gross Revenue:$756,000
Rent:$8,300/Month
Cash Flow:$288,000
Inventory:$5,000
Established Year:1970
Listing ID: 2306213Listing provided by BizBuySell
BUSINESS DESCRIPTION

MONTHLY GROSS: $63,000
MONTHLY RENT: $8,300
LEASE TERMS: NEW LEASE
STORE SIZE: 1,450
OPEN HOURS: 9AM-6PM MON-FRI, 9AM-5PM SAT
EMPLOYEES: 4 FT, 1 PT
WAGE: $16,000/MO
OWNER SINCE: 2004 (1 OWNER WORKS FT)
REASON FOR SELLING: RETIRING AFTER 20 YEARS IN BUSINESS
FINANCING: 30% DOWN SBA LOAN.
NOTE: FANTASTIC LOCATION NEAR MULTI-MILLION DOLLAR HOMES.
NO COMPETITION. HUGE PROFIT MARGIN. PLENTY OF PARKING.
ROOM TO RAISE PRICES.
SHIRT WASH: $4.50
SHIRT DC: $7.75
SUIT DC: $20.50+
DRESS: $13+

DETAILED INFORMATION
Location
Dana Point, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,450
Employees
5
Facilities
1,450 sf. Plenty of parking
Competition
Not much competition
Growth & Expansion
Room to grow this business and also room to increase prices.
Support & Training
Seller will train. No experience needed.
Reason for Selling
Retiring. Same owner since 2004.
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Jack Oh
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