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Costal North County

  • Listing No.: 106-15236

  • Category: Dry Cleaners/Laundromat, Service

Asking Price $120,000
Down Payment $120,000
Gross Revenue $230,239
Total Adjusted Net Income $0
Equipment/Fixtures $40,000
Year Established 1994
General Location Costal North County
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In business since 1994, this dry cleaning business located In a busy retail center In a beach town In North County San Diego is a great buy. The seller is retiring and Is very motivated to sell The seller states that 80-90% of business comes from regulars who have been giving them consistent business for many years They offer dry cleaning, laundry, and alteration services. They occupy a 1,500 square root facility and pay $6,052/mo in rent. Their lease expires In April 2019, so a new lease would have to be negotiated on behalf of the buyer. Hours of operation Mon-Fri 7-7, Sat 9-5, closed Sunday. Gross revenue totals can be verified by their point-of-sale software, but not net Income. Full-time owner operator.

Gross Revenue $230,239 Listed Price $120,000
Total Income $0 Down Payment $120,000
Base Rent $0 Square Feet 1500
Total Rent $6,052 Lease Expiration 4/2019
Rent Deposit $0 Lease Options
Inventory $2,000 Leasehold Improvements
Equipment/ Fixtures $40,000 Other Assets
Full-Time Employees 0 Training Period 2 Weeks
Part-Time Employees 2 Special License Required
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.