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Asking Price$99,000
Revenue$127,448 EstablishedUndisclosed
Cash Flow$39,000 Employees1 full-time
FF&E$33,000* FranchiseNo
Inventory$1,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Best opportunity to own this profitable dependable drop off, dry cleaning company located in a twenty-five-story residential high rise in Manhattan, New York with a net yearly income of $39,000 based with an onsite owner operator. This valet and dry-cleaning company also offers numerous services such as various cleaning to the hundreds of in house residents. They also provide a host of Eco-friendly services to meet the needs of residents of this luxury New York City Condominium. Whether you need their full suite of service or just their dry-cleaning service, they will be there to provide timely quality service. They are committed to human health, habitat, and professionalism services. They provide their clients with a safer and a healthier environment. From the dry cleaning to interior home cleaning your confidence and peace of mind is central to their mission. They also offer expert tailoring, and repairs for handbags and shoes with many other personal services. The company cares about their customers and clothes which represents value of their investment and the sentimental value they often carry, and how looking your best improves your career and quality of life. They work to take the hassle out of dry cleaning, focusing on your convenience in every way possible. This industry does not require government licensing approval to purchase or operate. This company has one employee who is unaware of the pending sale and fully expected to remain post-closing, and the monthly payroll is approximately $3,900. The business has an assignable 5-year commercial lease, with a monthly rent of $1,000, cost per square foot is estimated at $12 and rent security of approximately $2,000. The business which consists of 1,000 square feet has a capacity for ten customers. The business fixed assets has an estimated value of approximately $33,000 which represents equipment and licensing replacement cost. The sale consists of a fully equipped retail dry cleaning drop location, which includes storage areas, POS system, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. Parking is not an issue. Their clientele resides in the building. This successful dry-cleaning service operation is active six days per week, with hours from 8:00 am to 9:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a wonderful investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:The business is in the upper East Side of Manhattan in a super high-rise condominium building with a huge volume of residents. This retail facility which consist of 1,000 square feet with a modern appearance is located on the first level of a high-rise building.
Competition:No other competitors exist in this facility due to the contract agreement with landlord.
Growth Potential:The business can be further improved by offering additional services.
Training/Support:The seller is presently absentee however he will remain post-closing to supply an appropriate transitional period to the new owner / operator.
Sale Reason:The corporate owners are involved in an alternative business.
Ad #98320
Seller Reference #DRCL167
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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