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Established Dry Cleaning Business In New York City For Sale

New York City, New York
Asking Price:
$2,000,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$575,000 (USD)

This Well Established “Eco Friendly” Drop Off & Pick Up Dry Cleaner has a Prime location in New York City for the last 7 years and has successfully created a large client base. This business provides dry cleaning, wash and fold laundry services and tailoring services. This is a very successful business with a great reputation for quality and customer service. All of the cleaning is done at an off premises location. The wholesale cleaning contract will continue with the new buyer. The operation has a large loyal following that returns week after week. Seller will provide training and introductions to their regular customer base. This is a wonderful opportunity for a hands-on owner operator or this is perfect for an absentee owner and can be managed by one manager to oversee day to day operations. The business has always done well. The owner is looking to devote more time to his other business interests. This is a great opportunity to earn a safe, better-than-average return on your investment. Disposable income and spending is up in correlation with job growth, and all indicators that strengthen this service industry. They have a good lease with about 8 years remaining. Excellent books and records. Please refer to listing # when inquiring about this listing.

Property information

Real Estate:

Lease

Business Operation

Employees:
8
Years established:
7

Other Information

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price

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