14832 Magnolia BLVD, Sherman Oaks, CA 91403 – 25535639

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$165,000

Est. payment - /mo

0.48 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25535639

HOA Y/N No

Year Built 1966

Lot Size 0.476 Acres

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 the San Fernando Valley. Shown by appointment only with proof of funds and credit. Do not disturb the business. Sale is As-Is. Buyer is encouraged to verify all information independently through inspections, due diligence, and professional advisors. Broker and Agent make no guarantees regarding the size, condition, financials, or features of the business or premises. Buyer and Buyer's agent to verify all details independently and to their satisfaction.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LAC1.5

Interior

Fireplace No

Others

Tax ID 2263038048

Special Listing Condition Standard

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Listed by John Ha MORE®

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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14832 Magnolia BLVD Sherman Oaks, CA 91403

Sean Beattie Jr.

Key Details

Location

Interior

Others

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