Services - Drycleaning/Laundry

Asking Price	$1,150,000	Inventory	$15,000**
Gross Income	$800,000	Real Estate
Cash Flow	$300,000	Year Established	1973
FF&E	$200,000*	Employees	9

* included in the asking price

** not included in the asking price

This business presents a Buyer with "one of a kind" low risk Opportunity to purchase a well-established business with a guaranteed stream of Income. Some of the rich and famous in Palm Springs are customers of this Store. Please Note: 1. Seller will accept offers only from Buyers with prior ownership experience in running a drycleaning business 2. Buyer Pre-qualifying is required (Financial Net Worth, Work Experience Resume, and Credit Report w/ FICO Score)

Facilities: This is a fully equipped 1750 sqft Drycleaning & Laundry Plant with a "Perc" Dryclean Machine, Sankosha Shirt Unit, and a Thermosteam Boiler. Equipment well-maintained. Has Reserved Parking. Premises low rent lease good through 12/2016

Competition: Located in a mid-size shopping center on a Hi Traffic Blvd Solid base of Loyal Customers

Growth/Expansion: Buyer could add a Home pick up & Delivery service, currently not offered by Seller

Financing: Qualified Buyer can obtain an SBA Loan

Support/Training: Negotiable - normally 2 weeks after escrow closes

Reason Selling: Retirement