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Asking Price$150,000
Revenue$362,790 EstablishedUndisclosed
Cash Flow$62,000 Employees3 full-time
FF&E$15,000* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This Absentee-Run Drop-Off Dry Cleaners on Manhattan's UES has great Yelp reviews, which have only contributed to sales growth of more than 20% year over year. The seller only comes to the store once a week and for only 2 hours at that. Financials are totally verifiable. 80% of revenues is on credit cards, 10% personal checks, and 10% in cash. The landlord will extend the lease to a full 10 years from the 6 1/2 left now. Sales are broken down this way: dry cleaning (62%), laundered shirts (13%), wash & fold (14%), and alterations (11%). All dry cleaning and shirt laundering go out to a wholesale plant, which picks up from and delivers to the store twice a day. Same day service is therefore available. Wash & fold is outsourced in the immediate neighborhood. More financial details will be provided by the seller directly to you. The 3 full-time employees (counter person, delivery guy, and tailor) will stay on if you want to keep them as currently compensated. This store is open Monday-Saturday and closed on Sundays. A husband and wife team that replaces 2 out of the 3 full-time employees would add at least another $60K to the $96K the seller is currently making. Please call 1-877-735-5224 for further information.

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Training/Support:The seller will train the new owner.
Seller Financing:$150,000.00 Down and All-down buyers only please!
Sale Reason:Seller concentrating her efforts in Brooklyn now.
Ad #79587
Seller Reference #28029
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Contact This Seller
Jay Goldman
1-877-735-5224
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