#5604
Santa Clara County

Established Dry Cleaner in upscale Downtown Palo Alto

$150,000
Available
Established Dry Cleaner in upscale Downtown Palo Alto



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19 years established Dry cleaner in upscale Downtown Palo Alto. Minutes to Stanford University and Stanford shopping center. Lots of professionals and locals go to her for dry cleaning. Gross income a year is around $300,000. Owner operated with 2 part time staff. There is environmentally hydrocarbon machine and two year old boiler which is worth approximately $100,000 all together. Approximately 1200 sq ft ground level and 600 sq ft upstairs. Lease is $8500. Please call for a private showing
This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There are 9 years left on lease
Total Monthly Rent:
$8,500

Financials

Last Year's Annual Gross:
$300,000

Operations

# of Part-Time Employees:
2
# of Working Owners:
2
Year Established:
19 years

Facilities

# of Parking Spots:
street
Inside Sq. Ft.:
1200+ 600

Highlights

  • Hydrocarbon machine worth $75,000
  • Boiler machine

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 17,384 153,237 183,719
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,579 55,169 67,533
2010 Persons Per Household 2.20 2.64 2.58
Median House Value $1,000,000 $990,114 $927,681
Income Per Household $122,473 $107,577 $105,742
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,313 5,513 6,699
2012 Number Of Employees 36,700 262,466 350,734
2012 Total Annual Payroll $1,775,217,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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