This is a very profitable business opportunity, operating out of two locations in very busy, well-anchored shopping centers. After forty-five (45) years in the dry-cleaning business, the owner is ready to retire. One location serves as the "Plant" and the other is the"Pick-Up/Drop-Off" outlet. This is a Stock Sale, offered by the C-Corporation entity, not an Asset Sale, however the Buyer will not be required to assume the Liabilities as the Seller will be responsible for paying off all Liabilities at Close of Escrow.
The "Plant" operation is a chemical-free dry cleaner with newer, state-of-the-art equipment with high-capacity capabilities which provides for excellent growth. In addition to the dry cleaning, it was the first dry cleaner to be 100% “natural” in Sonoma County. The surrounding one-mile demographic average household income is $104,000.
The “Pick-Up/Drop-Off” outlet includes a full alteration shop, filling an important need for the customers. The average household income one-mile demographic surrounding this location is $119,000, even higher than the "Plant" location. The two locations are only a 15-minute drive apart, serving two separate demographic areas, and economically feasible for the owner.
PRICE INCLUDES: All C-Corporation Assets but not the Liabilities; Goodwill, furniture, fixtures and equipment, training and consulting(TBD), leasehold interest, and leasehold improvements. Inventory is not included in the price and will be valued prior to the Close of Escrow.
Staff:
"The Plant": Three (3) employees - (40) hours each @ $21.00/hour.
"The Pick-Up and Drop-Off Outlet": Two (2) employees - average (38) hours each @ $20.50/hour.
Note: Owner works Monday,Tuesday,Thursday and Friday, 10:30 am - 6:00 pm, Wednesday, off, and Saturdays, 4-5 hours.
Retiring
This is a very profitable business opportunity, operating out of two locations in very busy, well-anchored shopping centers. After forty-five (45) years in the dry-cleaning business, the owner is ready to retire. One location serves as the "Plant" and the other is the"Pick-Up/Drop-Off" outlet. This is a Stock Sale, offered by the C-Corporation entity, not an Asset Sale, however the Buyer will not be required to assume the Liabilities as the Seller will be responsible for paying off all Liabilities at Close of Escrow.
The "Plant" operation is a chemical-free dry cleaner with newer, state-of-the-art equipment with high-capacity capabilities which provides for excellent growth. In addition to the dry cleaning, it was the first dry cleaner to be 100% “natural” in Sonoma County. The surrounding one-mile demographic average household income is $104,000.
The “Pick-Up/Drop-Off” outlet includes a full alteration shop, filling an important need for the customers. The average household income one-mile demographic surrounding this location is $119,000, even higher than the "Plant" location. The two locations are only a 15-minute drive apart, serving two separate demographic areas, and economically feasible for the owner.
PRICE INCLUDES: All C-Corporation Assets but not the Liabilities; Goodwill, furniture, fixtures and equipment, training and consulting(TBD), leasehold interest, and leasehold improvements. Inventory is not included in the price and will be valued prior to the Close of Escrow.
Staff:
"The Plant": Three (3) employees - (40) hours each @ $21.00/hour.
"The Pick-Up and Drop-Off Outlet": Two (2) employees - average (38) hours each @ $20.50/hour.
Note: Owner works Monday,Tuesday,Thursday and Friday, 10:30 am - 6:00 pm, Wednesday, off, and Saturdays, 4-5 hours.
Retiring
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This is a very profitable business opportunity, operating out of two locations in very busy, well-anchored shopping centers. After forty-five (45) years in the dry-cleaning business, the owner is ready to retire. One location serves as the "Plant" and the other is the"Pick-Up/Drop-Off" outlet. This is a Stock Sale, offered by the C-Corporation entity, not an Asset Sale, however the Buyer will not be required to assume the Liabilities as the Seller will be responsible for paying off all Liabilities at Close of Escrow.
The "Plant" operation is a chemical-free dry cleaner with newer, state-of-the-art equipment with high-capacity capabilities which provides for excellent growth. In addition to the dry cleaning, it was the first dry cleaner to be 100% “natural” in Sonoma County. The surrounding one-mile demographic average household income is $104,000.
The “Pick-Up/Drop-Off” outlet includes a full alteration shop, filling an important need for the customers. The average household income one-mile demographic surrounding this location is $119,000, even higher than the "Plant" location. The two locations are only a 15-minute drive apart, serving two separate demographic areas, and economically feasible for the owner.
PRICE INCLUDES: All C-Corporation Assets but not the Liabilities; Goodwill, furniture, fixtures and equipment, training and consulting(TBD), leasehold interest, and leasehold improvements. Inventory is not included in the price and will be valued prior to the Close of Escrow.
Staff:
"The Plant": Three (3) employees - (40) hours each @ $21.00/hour.
"The Pick-Up and Drop-Off Outlet": Two (2) employees - average (38) hours each @ $20.50/hour.
Note: Owner works Monday,Tuesday,Thursday and Friday, 10:30 am - 6:00 pm, Wednesday, off, and Saturdays, 4-5 hours.
Retiring
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mikenovabroker@gmail.com
525 College Ave, Suite 115,
Santa Rosa, CA
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