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Dry Cleaner Plant

  • Status: Sold
  • Price: $249,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6421
  • Status: Sold
  • Area: Los Angeles County
  • Price: $249,000

Description

Established in 1984, 2500 Sf of full-service dry cleaning, professional, Wash, Dry and
Fold laundry and alteration services. Located in a busy shopping center.Huge parking spaces Rent for plant: $3500 including NNN. Long-term lease available for the right buyer upon approval. This cleaner has never done any wholesale,all sales are through walking clients Very well known in the city and surrounding community. There has been only 4 times advertisement in last 39 years. Partial owner absentee. There is a lot of room to increase sales and lower payroll by automation. The owner will guarantee to assist potential buyers in this regard. The health issue has been a big factor to sell this business. The claimed gross income is $412K a year and the net income is $169K a year. Open 6 days a week, Monday through Saturday 8 AM to 5 PM, closed on Sundays. The business has 7 employees, the payroll is $9288.00 a month.

Business Information

Ownership Type: Corporation
Year Established: 1984
Year Purchased:
Business Type: Dry Cleaner
License(s) Required: Business
Hours of Operation: Monday-Saturday, 8 AM to 5 PM, Sunday Closed
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6421
Date Available: 05/19/2023
Reason For Sale:

Financial Information

Annual Total:
412,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,500
Lease Expires:
Lease Option:
NNN:
included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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