Description

Fully equipped plant with Green Earth Machine. Great expansion opportunities by adding additional wholesale customers, pick-up and delivery, on-line marketing and sub-lease to non-competing uses.

Organic dry cleaning with no hazardous chemicals. Laundry. Alterations. Corner Location in busy shopping center on a major boulevard with near-by affluent community. Family owned and operated. Ample parking. 35% cash / 65% card. Ideal for family buyer and operator.

California is phasing out the use of the solvent perc, which is a staple in many dry cleaning services and equipment. By 2023, all perc will have to go. The focus is on cleaners already using green machine cleaning.

Business grosses over $24,000 per month plus a sub-lease to non-competing use of $600 per month. Sellers discretionary earning of just over $8,250 per month. Business 86% retail and 14% wholesale. Ample capacity to add additional wholesale customer for $4000 per month and have SDE of around $12,250/mo. which would be $147,000 SDE per year. Could do further sub-lease in plant to non-competing user such as leather cleaning, just by moving racks. Approximately 25% of business is shirt laundry.

Owner wants to retire and may carry sellers note for well qualified buyer with substantial down payment. POS computer system. Records available to substantiate revenue and expenses.

60 LB capacity Green machine around 8 yrs. old. Has 5 Press Machines including Shirt Press machines. 2 Compressors and Boiler. 50 lbs. capacity industrial washer and 75 lbs. dryer around 10 yrs. old.

Disclaimer: The information above was furnished by the seller. Broker or its agents have not verified the information and makes no representations as to its accuracy or reliability.

Posted Jun 15, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.