Santa Clara County
33 years + Dry cleaner business for sale in Palo Alto shopping center
Established Dry cleaner business for sale in Palo Alto shopping center near Palo Alto High School and close to restaurants, Boba guys, Trader Joe supermarket and Stanford University back door. They have been serving the Palo Alto/Stanford community for over 33 years and are convenient for both students and staff. Family owned and operated, They built a reputation for outstanding quality and service. They offer Dry Cleaning and Laundry services. Clean and preserve Wedding Dresses. Alterations, Leather and Rug cleaning, Household cleaning such as cushion covers and drapes. Some of the equipment included a Hydrocarbon machine, pressing stations, washer and dryer and 2 foam finishers. Lease amount is $10,000 which covers garbage and CAM. The store was generating over $500,000 a year in revenue before the pandemic and continues to climb up in sales this year.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113
Lease
Financials
Operations
Facilities
Highlights
- Great location
- got lots growth potential
Financing
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 |
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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.