Monrovia Cleaners and Laundry

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Background

BizEx ID:BizEx870-KF
General Location:Duarte, CA
Category: Dry Cleaning/Laundry
Years in Business:25
Under Present Owner:1
Hours of Operation:
Owner Hours:M-F 8am-7pm Sat 9am-6pm
Training:2 weeks @ 40 hours
Organization Type:
Lease Expiration:Oct 2019
Lease Options:one for five years
Building Size:1,400
Employees:2
Reason for Sale:Moving out of the area

Financials

Asking Price:$95,000
Down Payment:$95,000
Gross Sales:$100,000
Discretionary Cash Flow:$24,000
FF&E:
Inventory Included?
Inventory:$2,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,850
Payroll:$1
Financing:Call




Kendric Foultz
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations