Established Dry Cleaners with Plant and Alterations in Sherman Oaks
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Financial Details
- Asking Price:
- $450,000
- Annual Revenue:
- $360,000
- Cash Flow / SDE:
- $155,000
- Valuation Multiple:
- 2.9x
- Location:
- Los Angeles, CA, US
- Sources:
- Date:
- May 13, 2025
Key Highlights
- Well-established dry cleaners and alterations business in Sherman Oaks operating for 40 years.
- Includes plant and equipment with opportunity for growth through advertising and delivery services.
- Assumable SBA loan available with 10% down and owner offering training post-sale.
Description
Well-established dry cleaners with plant and alterations business in Sherman Oaks. The business has been operating for 40 years and has a loyal customer base. The owner is retiring and is offering training after the sale. The business has an assumable SBA loan with 10% down at a very low rate. Growth opportunities exist through advertising, mobile application, delivery services, and coupon offerings.
Industry Information
- Industry Description:
- Dry Cleaners
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- 0565952d-83ee-4ac2-a82e-267838bb0e49
- Deal Status:
- For Sale
- Date Posted:
- May 13, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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