Dry Cleaner Plant in Newport Beach

Asking Price$425,000

Cash Flow
$84,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$474,000

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

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Dry Cleaner Plant in Newport Beach


Asking Price$425,000

Cash Flow
$84,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$474,000

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

Business Description
MONTHLY GROSS: $39,500
MONTHLY RENT: $6,300
LEASE TERMS: 2
STORE SIZE: 1,300 SF
OPEN HOURS: 8AM – 6PM MON-FRI, 9AM-3PM SAT
EMPLOYEES: 3 FT, 2 PT
WAGE: $21,000/MO.
OWNER SINCE: 2022
REASON FOR SELLING: PARTNERSHIP BREAK UP
FINANCING: 50% DOWN/50% BANK LOAN
NOTE: LOCATED INSIDE A NICE SHOPPING CENTER WITH
PLENTY OF PARKING. 1 VAN IS INCLUDED IN THE ASKING PRICE.
NICE AFFLUENT NEIGHBORHOOD
50% OVER THE COUNTER AND 50% PICK UP & DELIVERY.
POTENTIAL TO INCREASE NET BY REDUCING EXPENSES
AND INCREASING PICK UP & DELIVERY SERVICE.
PRICE LIST:
PANTS: $7+, SHIRT WASH: $4.50, SHIRT DC $7+
BLOUSE: $7.95+, SUIT: $24
About the Business
Employees
5
Facilities & Assets
1300 sf. Plenty of parking
Market Outlook / Competition
Not much competition
Opportunities for Growth
Room to grow pick up and delivery service
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,300
Rent
$6,300.00 per month
About the Sale
Seller Motivation
Getting out of partnership
Transition Support
Seller will train
Listing Info
ID
2337196
Listing Views
1322

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Business Listed by: Jack Oh Power Realty & Investments

Listing ID: 2337196 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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