Profitable Dry Cleaner in Palm Desert with Onsite Plant

Riverside County, CA

Profitable Dry Cleaner in Palm Desert with Onsite Plant
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Asking Price: $259,999

Cash Flow: $92,210

Gross Revenue: $269,928

EBITDA: N/A

FF&E: $10,000

Inventory: $3,000*

Rent: $3,022 /Month

Established: 1987

*not included in asking price.

Profitable Dry Cleaner in Palm Desert with Onsite Plant

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Business Description

Established retail dry cleaning operation with onsite plant located in a busy strip center in Palm Desert with ample parking. Full service cleaning and laundry services with a focus on quality and customer satisfaction.
This business has an excellent reputation.
Alteration Services. Experienced personnel.
One owner for the past 31 years is retiring.
Hydro equipment

Detailed Information

Location:
Riverside County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established retail dry cleaning operation with onsite plant located in a busy strip center with ample parking. Full service cleaning and laundry services with a focus on quality and customer satisfaction. This business has an excellent reputation. Alteration Services. Experienced personnel. One owner for the past 31 years is retiring.
Competition:
35 Competitor Operations in 92260, 92211, 92253, 92270, and 92234 zip codes. Potential under-served local market and US Sales per Household as much as $3,661,936.
Growth & Expansion:
Cleaners is an established business in a busy shopping center with lots of traffic and enjoys steady business from dedicated customers. A new owner has the opportunity to add sales growth to the business by several methods not currently being done by the current owners. - Extend hours of operation 1 hour earlier and 1 hour later to capture customers before and after work. - Social Media - Add a social media presence to attract and keep customers, alert to specials, and be found by seasonal visitors in the resort area. - Market to hospitality businesses - there is currently no B2B - Add delivery services - Contract out to retail only cleaners
Support & Training:
2 weeks
Reason for Selling:
retiring
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Rick Rayl

Business Listed By:
Rick Rayl

Transworld Business Advisors Coachella Valley

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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