Dry Cleaner in South Pasadena

South Pasadena, CA (Los Angeles County)

Dry Cleaner in South Pasadena
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Asking Price: $25,000

Cash Flow: N/A

Gross Revenue: $100,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $4,880 per Month

Established: 1983

Dry Cleaner in South Pasadena

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Business Description

Over 40 years (Est. 1983) servicing the neighborhood, Dry Cleaner in a famous shopping center with busy traffic!

This lucrative business has been established since the early 1980’s providing high-quality dry cleaning service, creating many satisfied loyal customers which created a solid base of repeat customers.

Conveniently located in a busy Shopping Center in South Pasadena adjacent to a large above high-income residential neighborhood providing a loyal customer base. The location has plenty of parking & easy in and out access to an 1200 sq. ft. with low rent. A new lease is available with a 5-year lease with a 5-year option.

The seller is retiring after 24 years in the business. Solid sales revenue and steady- clientele.

Detailed Information

Location:
South Pasadena, CA
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
1
Facilities:
Location: South Pasadena, CA Real Estate: Leased Building SF: 1,200 Employees: 2 (including the owner) Furniture, Fixtures, & Equipment (FF&E): Included in the asking price Facilities: Sankosha Shirts Press Commercial 35Lb. Cissell Washer Commercial Dryer 2 Drycleaning Press Water Heater 1 computer
Growth & Expansion:
A new owner has the opportunity to add sales growth to the business by several methods not currently being done due to the pandemic situation. -Extend hours - Delivery service - Social media presence to attract & keep customers, alert to specials & be found by seasonal visitors in the nearby area. - Market to hospitality businesses - Contract out to retail cleaners - Next-door add - Google & Yelp add Open Sunday and add pick up and delivery service. No promotions advertising has been done in recent years
Support & Training:
4 weeks support - 80 hours in a month for boiler/compressor and dry cleaning machine operator training. All employees are fully trained on all dry cleaning, press and washer/dryers + boiler & air compressor.
Reason for Selling:
The seller is retiring after 24 years in the business.
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Paul Yoo

Business Listed By:
Paul Yoo

Paul Yoo And Associates, Co.

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