Please ensure Javascript is enabled for purposes of website accessibility Dry Cleaner, huge upside potential in the heart of downtown LA | Nassim Bayat | Transworld Business Advisors

Dry Cleaner, huge upside potential in the heart of downtown LA

Listing Number: 01311-180651

Description

Dry Cleaner in the heart of downtown LA and it has huge upside potential. This business has 35 years of history in the same location. The current owner has owned it for the last 14 years. The location and the business are great. The business is perfect for someone with new energy to grow it to achieve it's highest potential. The FF&E's are older and need some upgrades and that is why it's priced as such. It has a nice lease in place and most of the utilities are covered by the landlord. The boiler is not in the unit and is in a separate location which means the unit's temperature is pleasant. The owner is selling as he desires to retire after 14 years of work at this location.

Listing Details

  • Price: $69,000
  • Down Payment: $69,000
  • Sellers Discretionary Earnings: $80,268
  • Total Sales: $154,500
  • Location: Los Angeles County, California

  • Inventory: $0
  • FF&E: $40,000
  • Employees: 1
  • Reason for Selling: Retiering
  • Category: Cleaning/Clothing
Dry Cleaner, huge upside potential in the heart of downtown LA

Contact Agent:

Nassim Bayat
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