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Drop-Off Dry Cleaner on UES

New York County, New York, United States
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Asking Price$350,000
Revenue$456,000 EstablishedUndisclosed
Cash Flow$175,000 Employees1 full, 1 part
FF&E$5,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
The seller of this long established Drop-Off Dry Cleaner on Manhattan's UES is ready to hand over the reins to a new owner. He is asking $350K for the business, which is only 2 times what he puts in his pocket annually. There are over 9 years left on the lease. Rent is only $4,500/month for this prime location. You can choose to continue with one or both of the wholesale plant to which the seller currently outsources or go with others. 90% of his sales are by credit card. Tailoring only accounts for 15% of those sales. You will be very impressed by how much business runs through this drop-off store, let alone the prices the current owner gets. Please call 1-877-735-5224 for further information. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner..
Seller Financing:$350,000.00 Down and
Sale Reason:Retirement
Ad #86916
Seller Reference #28553
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Contact This Seller
Jay Goldman
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