Dry Cleaner, Huge Upside Potential - Heart Of La

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Listing ID: 700372892

Listing Title: Dry Cleaner, Huge Upside Potential - Heart Of La

Quick Link: http://www.globalbx.com/listing.asp?bId=372892

Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: California

Area

City:

Asking Price Range: < $250K

Gross Revenues: $154,500

Cash Flow: $80,268

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2020

Number of Employees: 1 - 3

Business Description:
Dry Cleaner in the heart of downtown LA and it has huge upside potential. This business has 35 years of history in the same location. The current owner has owned it for the last 14 years. The location and the business are great. The business is perfect for someone with new energy to grow it to achieve it's highest potential. The FF&E's are older and need some upgrades and that is why it's priced as such. It has a nice lease in place and most of the utilities are covered by the landlord. The boiler is not in the unit and is in a separate location which means the unit's temperature is pleasant. The owner is selling as he desires to retire after 14 years of work at this location.



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