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Baldwin Park

Ramona Blvd.

About This Property

Established dry cleaning plant for sale in Baldwin Park. Operating successfully at the same location for over 75 years, this 1,730 sq. ft. free-standing building offers strong visibility and ample on-site parking. The business generates average monthly gross sales of approximately $26,000 and produces average monthly net income of approximately $10,000 for an owner-operator. The seller is also the property owner and is offering a long-term flexible lease at approximately $4,000 per month (approx. $2.30/SF – below market rent). This provides rent stability and long-term security for the new owner. The plant is equipped with a 40 lb Union Hydrocarbon dry cleaning machine (6 years old) – environmentally safer alternative to perc systems. Equipment Includes: 40 lb Union Hydrocarbon Dry Cleaning Machine (6 years old) 3 Pants Pressers 1 Shirt Presser 1 Pants Topper 2 Overhead Conveyor Systems (Approx. 1,500 garment capacity) Boiler Air Compressor Complete Plant Equipment Staffing: Husband & wife owner-operators 1 cashier (approx. 25 hrs/week) 2 pressers (approx. 25 hrs/week each) Ideal opportunity for a hands-on owner-operator seeking strong cash flow and stable occupancy cost. Seller is retiring and willing to provide reasonable training for smooth transition.

Neighborhood

This property is located in Baldwin Park. Want to learn more about the area?

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Listing courtesy of Masters Realty Eastern Group

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$98,000

Est. Monthly Payment

$626/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Steve Kang

Masters Realty Eastern Group