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Dry Cleaners

  • Status: Available
  • Price: $199,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6443
  • Status: Available
  • Area: Los Angeles County
  • Price: $199,000

Description

Asking Price: $199,000.00( INC Inventory )

Potential!! Potential!! Potential!!

2200 SQ of full service dry cleaning, professional alteration, Wash, Dry and Fold laundry services, located in a busy shopping center, plenty parking spaces including dedication parking . Recently remodeled, new equipment (Union 45 pounds dry cleaners ) The rent is $5800 including NNN. Reported gross income is $300K Yearly (pre covid was $500k a year ) . Net income is $72k a year, the lease term is 5 years plus another 5 years option. Open 7 days a week: 10 Am to 4 Pm Monday thru Friday, Sat: 10 Am to 4 Pm, Sunday 10 Am to 2 Pm.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Dry Cleaners
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6443
Date Available: 11/15/2023
Reason For Sale: retiring

Financial Information

Annual Total:
300,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$5,800
Lease Expires:
Lease Option:
NNN:
included

Financing Information

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

Contact Us

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