$165,000

Address unavailable.

  • 8,677 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $19/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

MORE is pleased to present an established, full-service dry cleaning business for sale in the heart of Sherman Oaks. Operating at the same location for over 25 years, Rainbow Cleaners offers a turnkey opportunity in a high-traffic corridor with consistent income and long-standing customer loyalty. The 750 SF space includes backyard access, one restroom, and comes fully equipped with well-maintained machinery. Monthly rent is a low $2,100, inclusive of water, trash, and CAM, with 34 years remaining on the lease. The landlord is open to qualified new tenants and is also willing to extend the lease for an additional 10 years. The business generates approximately $200,000 in annual gross revenue and $100,000 in net income, supported by two part-time employees and one alteration staff. Equipment includes a dry cleaning plant, washer and dryer, shirt press, boiler, sewing machines, conveyors, and more all included in the sale. A contract is currently in place with a tuxedo rental company, and the current owner is willing to provide full training to ensure a smooth transition. Significant upside exists through expanding services such as delivery, marketing, or wholesale accounts. This opportunity is ideal for an owner-operator or a regional operator looking to expand their footprint in

Listing Status:
Active
Date Added:
May 7, 2025 at 05:00AM
Listing Office:
MORE® : 424-666-8133
Listing Agent:
John Ha : 424-666-8133
MLS ID:
CL25535639
  • County: Los Angeles
  • Zoning: LAC12263038048

This listing courtesy of John Ha, MORE®

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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