Profitable Santa Monica Established Dry Clean Plant

Los Angeles County, CA

Seller Financing Available
Profitable Santa Monica Established Dry Clean Plant
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Asking Price: $450,000

Cash Flow: $144,362

Gross Revenue: $438,985

EBITDA: N/A

FF&E: $280,000

Inventory: $1,000

Rent: $5,680 /Month

Established: 1992

Profitable Santa Monica Established Dry Clean Plant

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Business Description

Rare Opportunity, Premium Location and Cash Rich!

Awesome opportunity, don't wait on this one. Dry Clean Plant, and store in premium Santa Monica location with dedicated parking spots. Location established as a Dry Cleaning Store for 50+ years.

Gross Sales - $428,985
Net Annual - $144,362

Seller is retiring after spending a lifetime in the business, owning this one since 1997. Solid sales revenue and steady- clientele, fully trained staff and processes in place.

Completely remodeled in 2012 with premium leasehold improvements, great workflow layout, and like- new equipment that creates a turnkey plant operation, not often seen on the market.

Contact me to learn more.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This location established as a Dry Cleaner since the 1930s. Complete remodel of building in 2012.
Growth & Expansion:
Open Sunday and add pick up and delivery service
Financing:
150000.00
Support & Training:
2 weeks
Reason for Selling:
retiring
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Stephen Menges

Business Listed By:
Stephen Menges

Transworld Business Advisors of West LA

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