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14832 Magnolia Boulevard

Sherman Oaks, CA 91403
  • $165,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: 25535639
UPDATED: 59 min ago
$165,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1966
County:

School Ratings & Info

Listing Agent(s): John Ha of MORE® (424-666-8133)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-21T00:30:34.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/163464406
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14832 Magnolia Boulevard Sherman Oaks, CA 91403

  • Price: $165,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 59 min ago
  • ID#: 25535639
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1966
Built
Neighborhood:
SO - Sherman Oaks
County:
Los Angeles
Area:
SO - Sherman Oaks
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.
Exterior Features

Parking Total 0

Property Features

Association Fee 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Special Listing Conditions Standard Zoning LAC1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-21T00:30:34.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): John Ha of MORE® (424-666-8133)