Highly Profitable 50-Year Established Dry Cleaner in Palm Springs, CA

View Original Listing

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

Highly profitable operation generating over $240,000 in net income annually.
Prime 1,800 sq. ft. location in a busy Palm Springs plaza with a loyal customer base.
Modern equipment purchased post-COVID, with clear potential for growth via service expansion.

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

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified