Two dry cleaning business for one price, 30 years of historyListing: #SV00040
About this Business for sale in Greater San Francisco Bay AreaTwo dry cleaning business for one price, 30 years of history
Two profitable, family-owned, and established dry cleaners for sale. Includes a fully equipped dry clean plant in Sunnyvale with an alteration section, as well as a drop store located in Cupertino. The Sunnyvale plant is in a prime location that has been open for almost 30 years along a busy intersection with many well-known anchors and maximum exposure on a main road. It is close to Freeway 101, 280, and 87. All equipment is in great condition, with a +1000 count conveyer belt and point of sale system. The owner just bought a brand new boiler valued at $33,080 in 2019, included with the asking price. The drop off is in a strip mall, and has been established for almost 15 years near De Anza College.
The plant rent is $7000/month (nnn) and the drop store lease is currently $2000/month (nnn). Both are in a residential and commercial area with a lot of loyal customers and are well known for their great quality and customer service. This is a rare opportunity to own dry cleaners in Sunnyvale and Cupertino with excellent margins and profit. Best of all, there will be no new competitors in the area due to Sunnyvale not allowing anymore dry cleaner plants to be built! This business has a lot of potential to grow and make even more revenue.
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Support & Training: 2 weeks
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.