Dry Cleaners at the Center of Riverside City

Riverside, CA (Riverside County)

Seller Financing Available
Dry Cleaners at the Center of Riverside City
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Asking Price: Get Financing: $180,000

Cash Flow: $150,000

Gross Revenue: $336,000



Inventory: N/A

Lease Rate: $0.81 /SF/Month

Established: 2014

Dry Cleaners at the Center of Riverside City

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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

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

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Main Plant: 3,250 SF Agency : 1,400 SF
Owner carry : $50,000
Support & Training:
2 Weeks
Reason for Selling:
Running too many cleaners (3) and focusing on one cleaners
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David Lee

Business Listed By:
David Lee

New Star Realty & Investment

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