Gross Revenue: $240,000
Dry Cleaning Plant, Specialty Leather and Suede
Owner retiring needs to sell business that has been established for 20 years, specializing in Leather & Suede cleaning, the business has a good reputation of providing high quality and friendly service. Currently doing wholesale Leather & Suede cleaning work for 12 cleaners including one in San Diego, leather cleaning fees start at minimum $25.00 and up to $65.00 per garment and more depending on the condition of the garment. Dry cleaning fees are $8.75 shirts, $9.50 for pants, blouses, and skirts, $25.00 for 2 piece suits. Services provided are reweaving, dying, alterations, repairs, hat cleaning and blocking, faded suede and leather items redyed and refinished., purses, gloves, rugs, tapestries, boots & shoes, fur, sequined, beaded, sheepskin, wedding gowns, and does commercial water and stain repellant process. Excellent and ideal opportunity for an aggressive owner operator to take this well established business and growing it. Currently using a hydro-carbon machine, seller willing to train new owner in leather and suede cleaning. Monthly expenses: rent 4791, gas 600, elect. 300, phone 200, ins. 170.
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Asking Price is $220,000 includes all F.F. & E except equipment on lease. The average gross sales for the last three years is about $240,000 with an average the last three of $110,000 net profit pre-tax per year.
Competition: The business is located in a very business commercial area on a high traffic primary Blvd. just half a block off a major freeway exit. The strip center in which the business is located benefits from the great exposure it gets being on this Blvd. the strip center has easy access and exit with plenty of parking. The business itself is fully equipped with all the special tools and equipment to do the leather and suede cleaning and also has all the equipment do all the other services it offers. The business has been established since 1996, specializing in providing wholesale Leather & Suede cleaning service to many dry cleaners in the area. the business has a good reputation of providing high quality and friendly service. The business has always been a successful and profitable operation building a reputation for high quality and friendly service.
Growth & Expansion: Open Monday thru Friday 7:30 AM to 6:00 PM - Saturdays 10 AM to 3 PM Close Sundays - A new owner could open earlier on Saturdays and close later.
Support & Training: Yes
Reason for Selling: Retiring
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