Established Dry Cleaning Business in Glendale, CA - $249K - $95K Annual Cash Flow
Executive Overview
Key Investment Highlights
- •Prime location in Glendale, CA with 35-year industry history
- •Current owner works part-time (5 hours/day, 5 days/week)
- •Comprehensive services including dry cleaning, shoe repair, and alterations
- •1,500 square foot facility with state-of-the-art equipment
- •Strong growth potential with recent plant transition in 2024
This well-established dry cleaning business has been a cornerstone of the Glendale community since 2006, with deep roots stretching back 35 years. The current owner has successfully managed the operation for nearly two decades, creating a loyal customer base and efficient business model. The business offers a diverse range of services including dry cleaning, shoe repair, alterations, and leather good services, providing multiple revenue streams.
The business boasts an impressive equipment lineup, including a Real Stock-Dry Cleaner unit, Unipress-shirt unit, Uni Mac-Commercial Washer, Wascomat-Commercial Dryer, 3 Ajax Pressers, and additional critical machinery. With a recent transition to a plant-based operation in 2024, the business has experienced significant growth. The current lease at $5,575 (triple net) offers a 5/5 negotiable arrangement, providing flexibility for the new owner to continue the business's upward trajectory.