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#Business ID: 19200

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Dry Cleaner Shop

Business Location: New York City, New York, United States

Asking Price: $ 450,000 Revenue: $ 520,000 Cash Flow: $ 180,000

Business Summary

Easy to operate high income dry cleaner.

No hassles with equipment and staff.

Very high traffic location.

Give great customer service and grow this business.

Owner going back to Seattle.

Great location.

Must sell.

Facilities: 800 SF store located on the main Avenue on the Upper West side. 9 year lease @ $7,850/month with 3% increases. Real estate Tax $1,170/month. Very high traffic location opposite subway.

Property Details

Years Established:

1999

Property Type:

Lease

Other Business Details

Competition:

Established dry cleaner Drop Shop for 15 years with solid customer base. Does alterations, wash & fold, dry cleaning & shirts. Competitively priced without the headaches of overhead, equipment and staff.

Expansion Potential:

All work by outside supplier. easy to operate as there is no equipment on premise. Can reduce wholesale prices paid and increase profit.

Business Operation Details

Employees:

20

Support & Training:

Owner will transition.

Miscellaneous Details

Financing Available:

Yes
Assumable mortgage $175K.

Reason For Selling:

Moving out of state.

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