For sale is a dry cleaning agency near the Naval Base. It does wet cleaning and alterations done in-house.

Located in a highly desirable community in Orange County, the owner has been in the dry cleaning business for over 30 years and now and wants to retire.

Most of the sales are alterations of military uniforms for the various military personnel stationed at the Naval Base; most of the work is sewing buttons and patches. Stocks a large selection of patches, sell the patches and charges for sewing them on; patches cost $1.50 and sell for $7.50 plus $7.50 and up for sewing them on.

A new owner can do wet dry cleaning with the equipment that's included 1-Speed Queen Commercial washing machine, 1- Huebsch 30 lb. dryer, 1-Falcon Compressor, 1-Parker Boiler, 1 Suzy, 1 pant press, 1-Utility Press, 1-Puffer, 1-Spotting Table, and a conveyor plus other racks.

Some monthly expenses: rent 2,400, elect. 120, gas 310, Phone 60, water 50, Ins. 50, Dry Cleaning supplies 250.

Down Payment: $75,000

Total Sales: $120,000

Cash Flow: $80,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $40,000

FFE Included: Yes

Inventory: N/A

Year Established: 2017

Days & Hours of Operation: 6 Days (Mon - Fri: 7am to 5pm) / (Sat: 8am to 2pm) / (Sun: Closed)

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Absentee Owner: No

Lease Option: 1-3 Year Option

Real Estate: N/A

Monthly Rent: $2,400

Type of Location: Strip Center

Square Footage: 1100

Reason For Sale:

Retiring