#5604
Santa Clara County

Established Dry Cleaner in upscale Downtown Palo Alto

$150,000
Established Dry Cleaner in upscale Downtown Palo Alto
This Listing is Expired
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.
Commercial 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

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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