Long Time Established Plant for sale

Long Beach, CA

Seller Financing Available

listing image
Asking Price:$240,000
Gross Revenue:$385,000
Established Year:1953
Cash Flow:$96,000
Rent:$4,080/Month
BUSINESS DESCRIPTION

Long established Dry Cleaners plant for sale.
Absentee Owner. Approximately 1600 sf/ $3,380 per month + NNN. (+4 years left + 5 year option)


DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Employees
3
Facilities
Long Beach Plant has been around since 1953 with long time customers from Signal Hill to Belmont Shore. Successful Alterations, Wash & Fold, Pick-up and Delivery Services to Downtown Long Beach Highrise residences.
Competition
Location has long time customers and offers Alterations, Wash & Fold, Pick-up & Delivery Services.
Growth & Expansion
Absentee Owner. With hands-on owner net profit will increase considerably. Please do not speak to staff.
Financing
Seller financing depending on offer.
Support & Training
15 days
Reason for Selling
Absentee ownership is not working out. Need a Hands-on owner to optimize Net Pr
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Pascal Chheng
Pascal Chheng