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Price Reduced-Profitable S Monica Dry Clean Plant

Listing Number: 71701-607302

Description

Dry Clean Plant, and store in premium Santa Monica location with dedicated parking spots and lease term through Sept 30, 2023. Possibility of running month to month after September 2023. Location established as a Dry Cleaning Store for 50+ years. Priced as an Asset Sale with clean and well maintained equipment.

Annual Sales - $428,985
Net Annual - $144,362

Seller is retiring after spending a lifetime in the business, owning this one since 1997. Solid sales revenue and steady- clientele, fully trained staff and processes in place.

Completely remodeled in 2012 with premium leasehold improvements, great workflow layout, and like- new equipment that creates a turnkey plant operation, not often seen on the market.

Contact me to learn more.

Listing Details

  • Price: $239,000
  • Down Payment: $239,000
  • Sellers Discretionary Earnings: $144,183
  • Total Sales: $422,292
  • Location: Los Angeles County, California

  • Inventory: $1,000
  • FF&E: $220,000
  • Employees: 6
  • Year Established: 1992
  • Reason for Selling: Retirement
  • Category: Cleaning/Clothing
 Price Reduced-Profitable S Monica Dry Clean Plant

Business Listed By:

Stephen Menges
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