Dry Cleaner And Laundry Plant For Sale - Riverside, California, CA

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PROFILE: Dry Cleaning & Laundry With Plant Plus Two Drop-Off Locations.

AD/LISTING INFORMATION
Status: Off The Market
State: California
Location: Riverside County
County: Riverside
City: Riverside
Primary Category: Service Related
Alternate Category:   None Given
  
 
 
 
 
 
 
  

FINANCIAL INFORMATION
Asking Price: $325,000
Down Payment: $50,000
Annual Revenue: $350,000
Annual Adjusted Net: $121,000
   
Price Range: $250,001-$500,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: Established Over 15 Years Ago In Riverside County, This Dry Cleaning And Laundry Business Performs Their Own Dry Cleaning, Laundry, Alterations, Shoe Repair Plus Fluff & Fold Services. There Are Three Locations, One Of Which Operates Under An Exclusive Government Contract Transferable To The Buyer With Monthly Sales Range From $9,000 To $10,000. The Main Storefront Also Houses The Plant Where They Do Laundry, Dry Cleaning And Pressing. In Addition, The Company Supports Two Local Wholesale Accounts. Dry Clean Machines Are Perk Certified Until 2016. The 1,700 Square Foot Retail Store And Plant Combination Is Running At 60% Capacity With Upside Potential For At Least 2 More Drop-Off Locations. Monthly Sales Range From $9,000 To $10,000. Current Lease Expires In 2012 With An Option To Renew Until 2017 With Rent Of $2,600 Including Cam. The Third Location Is Drop-Off Only In 1,200 Square Feet And Is Located About 1.5 Miles Away. Current Sales Range From $7,000 To $8,000 Per Month. This Lease Term Is 3 Years With Option For 3 More Years And Rent Is $1,200/Month With No Cam. The Store Is Being Remodeled With New Counters And Conveyor And Is Scheduled To Re-Open June 1. This Is A Good Opportunity For A Family. To Quickly Receive The Business Profile And Get More Information, Please Download And Complete The Attached Non-Disclosure/Confidentiality Agreement. Principals Only Please.

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