Located San Jose's busiest intersection, front pad of the major shopping center!
Excellent below market rent & Well established! Owner retiring over 20+ years operation at the same location.
Seller will train new buyer at least two weeks.
Well Established Full Plant Dry Cleaner 30 years ago, located in a high neighborhood. Profitable business with all individual customers. Seller claims revenue $220,827, adjusted net income $134,476. Price includes inventory.
1300 SF, rent $2,750. Landlord will give new owner a brand new lease 5 years plus 5 years option. One PT employee with working owner.
Open Monday to Friday 7:00am to 6:00pm, Saturday 9:00am to 4:00pm. Close on Sunday.
If you look for an owner operating profitable business, this is a great opportunity. Please contact with me and I'll present the details to you.
Dry-Cleaning business for sale with great cash flow. Business is well known for great online reviews, wholesale/retail dry cleaning, pressing and alterations. Wholesale business accounts pay in full every Friday with no chasing.
Business has a high margin with low rent. And the cleaners is fully staffed, could be managed partially absentee. Owner has a recycled water tank which saves business over 80% of the usage bill. The sale includes current equipment. Business is in a strip mall with free parking available to customers.
Business is over 30% in net margin with verifiable data. It is managed strategically with high profitability in mind. Monthly growth in new retail clients and wholesale growth can be highly expected.
This is a turn key opportunity, one that promises to return your initial investment quickly, good books and electronic records to prove financial claims. This business is priced to sell very quickly, seller will possibly consider some owner financing based on buyer's credentials.
This is a 500 sqft. Well established Dry Cleaners located next to a major street and close to 5 x different preschool, elementary, middle, and High school which is a good sing that there are lots of residencies around this shop.
There are several anchor stores like Safeway, CVS, and others nearby to this location. Base Rent is $2,300/m and the lease expire 2017 with 1 x 5 years option. The seller claims his gross annual revenue is about $320,000.
There are 2 x Part Time employees to help the owner with $2,000/m payroll. This a simple and easy run business with good income and very little overhead. There has been a lot of good reviews on Yelp that show the business is doing great.
• Sq Ft: 500 Sq Ft.
• Business Information Financial Information
• Ownership Type: Corporation
• Year Established: 1966
• Year Purchased: 2006
• Business Type: Dry Cleaning / Alteration
• License(s) Required: Business
• Hours of Operation: 5am-6pm/6xdays a week/close of
• Broker To Broker CoOp: No
• Date Available: 9/20/2016
• Annual Total Revenue: 320,000
• Monthly Payroll: $2,000/m
• Base Rent: $2,300/m
• Lease Expires: 2017
• Lease Option: 1x5 years option