Easy to Operate Dry Cleaning Business located in New York City

Manhattan, NY (New York County)

Easy to Operate Dry Cleaning Business located in New York City

Asking Price:$2,000,000

Cash Flow:$575,000

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:$100,000

Inventory:N/A

Established:2008

Easy to Operate Dry Cleaning Business located in New York City

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Business Description

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 #12535 when inquiring about this listing.

Detailed Information

Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

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Ken Stein

Business Listed By:
Ken Stein

The Kensington Company

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