Dry Cleaners: 27-yr in Biz, Rev $384K, Solid Net $144K, at $449K, LA

Montrose, CA (Los Angeles County)

Dry Cleaners: 27-yr in Biz, Rev $384K, Solid Net $144K, at $449K, LA
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Asking Price: $449,000

Cash Flow: $144,000

Gross Revenue: $384,000

EBITDA: N/A

FF&E: N/A

Inventory: $8,000*

Rent: $4,680 /Month

Established: 1990

*not included in asking price.

Dry Cleaners: 27-yr in Biz, Rev $384K, Solid Net $144K, at $449K, LA

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Business Description

A 27-years old history dry cleaners located in a ‘prime’ spot of wall-to-wall strip center where all the action takes place. CVS, Vons are anchor tenants. A good exposure. It is Turn-Key. Newly equipped with 60 lbs. Hydrocarbon. Alterations split 50:50. Under the nose of Fwy 210. For more, see below:
• Gross is $32,000/mo
• Net income is $12,000/mo
• Rent: $4,680 including CAM / NNN
• Lease term: 1/2 yrs +5
• Premise size: 1500 sq. ft.
• Hours: 7 am-7 pm, Mon to Fri, 8:30 am to 5 pm on Sat
• There are 3 employee and one owner's full-time work
• Plenty of parking space
• 50% down Express SBA loan (7a) very possible
• For more information, email your inquiries at beeinvest.kim@gmail.com or leave a message at (714) 345-6514
* NOTE: If you are a ready buyer and you are interested in learning more about this dry cleaners or are serious about purchasing it, due to the unique nature of the business, you are strongly encouraged to come to our office to get the detailed, including financials, loan and purchase procedures.
* You can also get a list of additional businesses that you've always dreamed of, or a list of other mainstream businesses that best fits your goal

Detailed Information

Location:
Montrose, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
6/30/2025
Employees:
3
Facilities:
60 lbs. Hydrocarbon, Boiler, 1,000 Conveyers, Alterations 50:50
Competition:
Yes.
Financing:
4680
Support & Training:
2 weels after closing escrow
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Kevin Yong Kim

Bee Realty Group

Show Phone Number

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