Dry Cleaner + DROP SHOP.$1 ML+SALES & Growing.

Nassau County, NY

Seller Financing Available
Dry Cleaner + DROP SHOP.$1 ML+SALES & Growing.
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Asking Price: $850,000

Cash Flow: $236,000

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,500 /Month

Established: 2015

Dry Cleaner + DROP SHOP.$1 ML+SALES & Growing.

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Business Description

Rated BEST DRY CLEANER in the area 2018.
FULLY STAFFED STORE.
Owner comes in a few hours a day.
Well run operation and growing.
All new state-of-the-art equipment. Computer coded tagging system with customer alert.
An amazing opportunity to buy a growing business with MAJOR additional capacity with solid income.
Sign and send the attached NDA for more information.
brian@elbrokerage.com
T: 917-834-4063
F: 201-568-5401
________________________________________

Attached Documents


Detailed Information

Location:
Nassau County, NY
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
12/31/2035
Employees:
12 FT 8 PT
Facilities:
2,400 SF store in a strip mall with 6,000 SF basement. 17 Year lease at $8,500/month with 3% increases. Rent includes real estate taxes, CAM and WATER. Brand new renovation and all NEW equipment. Hydrocarbon dry cleaning machines and double buck shirts machine.Computer coded tagging system with customer alert. 20+ parking.
Competition:
This brand new dry cleaner has already put other dry cleaners in the area out of business.Drop Shop in adjacent town.State of the art brand new equipment. Prime location on the main service road in the town and opposite the LIRR station. And parking lot.
Growth & Expansion:
Basement is fully usable and currently have conveyor racks and storage. Can easily be used to add machines for greater volume. Business has been growing over 20% each year. No pickup & delivery or wash & fold. Also, price for dry cleaning can be increased and still be less expensive than the other dry cleaners in the town.Could also start a shirt wholesale operation or add drop shops.
Financing:
Limited Seller Financing to qualified buyer.
Support & Training:
Owner will transition
Reason for Selling:
Relocating
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(from currently available funds)
 
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Brian Elkin

Business Listed By:
Brian Elkin

Elkin & Lee Business & Realty Advisors

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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