Dry Cleaners
Active
Turnkey 60-Year Dry Cleaner in San Mateo County - $69K
San Mateo County, California, United States
Asking Price$69,000
Revenue-
EBITDA-
Cash Flow-
Description
Seller Financing is Available
Net $80,000/ year for dry cleaning plant
This is a rare opportunity to own a well-established 60 years dry cleaning business in a highly desirable area of San Mateo County. Located in a small, busy strip mall surrounded by residential neighborhoods, this neighborhood cleaner benefits from consistent foot traffic and a loyal customer base. The business is clean and professionally maintained, with equipment that the owner reports was fully upgraded just 2 years ago. It generates over $18,000 in gross income per month, with relatively low overhead expenses. The current rent is $6,350 per month, and the landlord is willing to offer a long-term lease to a qualified buyer. According to the seller, an owner-operator can earn approximately $7,000 per month in net income. The seller is motivated and has priced the business below market value for a quick sale, making this an excellent opportunity for someone looking to acquire a turnkey operation with stable income and growth potential in an upscale community.
According to the seller, the business was sold for $300,000, but unfortunately the new buyer got deported, so the motivated seller is asking for $69,000.
Real Estate
Rent is $6,350 per month
Financing Options
Seller financing is available.
Business listed by
Matt Sadati
Liberty Business Advisors
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