Dry Cleaner Drop Store. Prime UES location. High Volume. Well Priced.

Manhattan, NY (New York County)

Dry Cleaner Drop Store. Prime UES location. High Volume. Well Priced.
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Asking Price: $295,000

Cash Flow: $145,000

Gross Revenue: $480,000



Inventory: N/A

Rent: $10,167 /Month

Established: 1990

Dry Cleaner Drop Store. Prime UES location. High Volume. Well Priced.

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Business Description

Established dry cleaner drop store with an excellent reputation for quality dry cleaning and service. Solid customer base, with 80% in-store sales.
Prepaid pickup & delivery customers.Strong potential to increase pickup & delivery.
High income, high density family and professional residential neighborhood close to subway and bus routes.
A great buy for a husband and wife team or for an operator looking for an excellent cash flow business without high labor costs.
Sign & send the attached NDA for more information.
Email: brian@elbrokerage.com
T: 917-834-4063
F: 201-568-540

Attached Documents

Detailed Information

Manhattan, NY
Real Estate:
Building SF:
Lease Expiration:
900 SF store with 450 SF basement. 10 Year lease at $9,500/Month with 2% annual increases. Real Estate Taxes $8,000/Year. Store has washer and press for in-store hand pressed shirts.
Very busy high foot traffic avenue. Highly rated dry cleaner for quality and customer service. Other dry cleaners in the area do not do this sales volume.
Growth & Expansion:
Currently pickup & delivery account for ONLY 20% of sales. Major upside in developing and growing this service.
Limited Seller Financing To Qualified Buyer
Support & Training:
Owner will transition.
Reason for Selling:
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Contact the Seller

(from currently available funds)
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Brian Elkin

Business Listed By:
Brian Elkin

Elkin & Lee Business & Realty Advisors

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