Highly Profitable 50-Year Established Dry Cleaner in Palm Springs, CA
Financial Details
- Asking Price:
- $499,000
- Annual Revenue:
- $430,000
- Cash Flow / SDE:
- $240,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.1x
- Location:
- Palm Springs, CA, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Description
This listing presents a rare opportunity to acquire a long-standing, highly profitable dry cleaning operation located in a high-traffic plaza in Palm Springs, CA. Established in 1980 and owned by the current operator for 13 years, the business generates approximately $430,000 in annual revenue and boasts an impressive cash flow exceeding $240,000. The 1,800 sq. ft. leased facility benefits from proximity to numerous senior communities, ensuring a stable client base. The seller notes that major equipment is modern, having been largely replaced after the pandemic. The owner is seeking retirement and offers two weeks of training. Significant upside exists for a new owner willing to implement modern conveniences like pick-up/drop-off services.
Industry Information
- Industry Description:
- Dry Cleaning Operations - Dry Cleaners (w/Plant)
- Classification:
- Service Businesses
Operational Snapshot
- Year Established:
- 1980
- Employees:
- 6
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $6,000 USD
Assets & Inventory
- Includes FF&E:
- No
- Inventory Value:
- $1,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Don Zeng
- Company:
- VR Business Brokers
- Email:
- [email protected]
- Phone:
- (562) 402-2686
Listing Details
- Listing ID:
- d43c13fa-5466-4caf-b345-09d11a98f081
- Source Listing ID:
- 5652 DZ
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD