Busy Dry Cleaning Plant
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Business Services > Laundry
Business Summary
Asking price reduced to $299,000! Busy hydrocarbon dry cleaning plant for sale with agency. Great location in active strip mall offers very good parking. Includes upgraded state-of-the-art Point of Sale computer system. They also have a traditional washer and dryer for lucrative comforter cleaning business. Value of equipment included is estimated at $135,000. They offer delivery in the area, and currently go to CBS Studios and the Sony store. They just started trying to attract entire condominium buildings and are working with 2 right now. They also started a customer retention program. They sell a card for $40 that offers discounts and this is going very well.
Business was established in 1996. This owner purchased August 2005. Seller discretionary earnings has increased each of the last 3 years, and sales have grown from $211,000 in '06 to $246,000 in '08!
Potential for Growth
They offer delivery in the area, and currently go to CBS Studios and the Sony store. They just started trying to attract entire condominium buildings and are working with 2 right now. Lot's of potential here! Seller says this is a wonderful way to grow the business! They go to these locations on Monday, Wednesday, and Friday for pick-up and delivery.
They also started a customer retention program. They sell a card for $40 that offers discounts and this is going very well.
Facilities & Locations
Value of equipment included is estimated at $135,000. This includes: Water tower, Hydrocarbon cleaner, Boiler, 2 conveyors, Shirt dry & press unit, 3 pressers, Spotting board, Computer system, Washer and dryer for comforters.
For more information, please email or call Jeff at 805 823-8825.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$246,147
Cash Flow:
$85,010
Cash Flow Type: Sellers Discretionary Cash
Inventory: $135,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1996
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: 2 weeks at 40 hours per week.
Reason For Selling: Other, non-related, business interests.
Photos
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Click on the "I'm Interested" button above for more information on this Business Services > Laundry business for sale.
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Print Listing Id: 700107888
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