2 for the Price of 1 Dry Cleaning Plant & Agency

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This listing is: Expired

Background

BizEx ID:BizEx284-MS
General Location:Los Angeles, CA
Category: Dry Cleaning/Laundry
Years in Business:26
Under Present Owner:1.5
Hours of Operation:Mon-Sat; 7 am - 7 pm
Owner Hours:4 hours/day
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2012
Lease Options:5 Years
Building Size:1,680
Employees:5
Reason for Sale:Family Issues

Financials

Asking Price:$265,000
Down Payment:$265,000
Gross Sales:$280,000
Discretionary Cash Flow:$114,000
FF&E:$110,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,622
Payroll:$6
Financing:Call

2009
Gross Sales $ 280,000
Gross Profit $ 280,000
Disc. Earnings $ 114,000

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations