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#6261
Santa Clara County

Established Dry cleaner and Alteration business for sale in Gilroy

$105,000
Established Dry cleaner and Alteration business for sale in Gilroy
This Listing is Expired

Established Dry cleaning and alteration business for sale in Gilroy shopping surrounded by supermarket, donut shop, restaurant nearby. Est. in the 1960s. under new management since 2016, the shop has provided quality services to clients by providing them with professional care. They use the top of the line hypo-allergenic, fragrance-free, disinfectant, and eco-friendly cleaning solutions, to provide one of the best dry cleaning services in the industry. Lease amount is $2064.00 which covers garbage and common area. The shop is averaging $187,000 a year in walk-ins plus $24,000 in wholesale business. Some of the equipment included are air compressor, hydro-carbon machine, boiler, 2 press combo shirt, coat blower 

This is a Grand Realty Group listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There is 7 years left on lease
Total Monthly Rent:
$2,064

Financials

Last Year's Annual Gross:
$211,000
Last Year's Owner's Cash Flow:
$100,000

Operations

# of Working Owners:
2
Hours Open:
Closed Sunday- open from 8:30am-5pm
Saturday from 9-3pm
Year Established:
2016

Facilities

# of Parking Spots:
plaza
Inside Sq. Ft.:
2,000

Highlights

  • 3rd of the business is alteration
  • Seller will train the right buyer

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 60,906
Households 5-mi
2010 Number Of Households 16,771
2010 Persons Per Household 3.37
Median House Value $463,000
Income Per Household $81,037
Businesses 5-mi
2009 Number Of Businesses 1,324
2012 Number Of Employees 34,188
2012 Total Annual Payroll $592,560,000

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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