Dry Cleaners at the Center of Riverside City

Riverside, CA (Riverside County)

Seller Financing Available
Dry Cleaners at the Center of Riverside City
Contact Seller

Asking Price: Get Financing: $180,000

Cash Flow: $150,000

Gross Revenue: $336,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $0.81 /SF/Month

Established: 2014

Dry Cleaners at the Center of Riverside City

Get Financing Save Print Share Valuation Report

Business Description

Located in the busiest area of Riverside city, and surrounded by the City Hall, County Court, Hall of Justice, a museum, a bank, etc. This business is proud of its historical fame more than 100 years. It has much potential to grow, as there are no nearby competitors. Depending upon the marketing power of a new owner, this business will be a great success. The current owner is running three (3) drycleaners, but due to his old age, he has no choice but to let the two (2) go.

The business sale proposal here is including one agency, which is located 10 miles south at the residential area. Good location and low rent! It is situated between Stater Brothers and Rite-Aid at the big shopping mall. This agency has its own wet cleaning machine and other presses, but for the quality assurance, it sends only dry cleaning job to the above plant store.

The owner is motivated to sell these two stores as a package deal.

Open Hours:
Monday to Friday : 7 am to 6 pm
Saturday : 8 am to 2 pm

Prices:
Shirts $3.10
Pants $6.95
Suite $14.95
Dress $13.50
Blouse $5.50

Detailed Information

Real Estate:
Leased
Building SF:
3,250
Lease Expiration:
9/30/2020
Employees:
4
Facilities:
Main Plant: 3,250 SF Agency : 1,400 SF
Financing:
Owner carry : $50,000
Support & Training:
2 Weeks
Reason for Selling:
Running too many cleaners (3) and focusing on one cleaners
Contact Seller

Contact the Seller

Contact Seller Loading

David Lee

Business Listed By:
David Lee

New Star Realty & Investment

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1413031 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Fibrenew

Franchise Opportunity
Capital Required: $85,000