Profitable Laundry & Dry Cleaners in East Manhattan for Sale

New York County, NY

Profitable Laundry & Dry Cleaners in East Manhattan for Sale
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Asking Price: $299,000

Cash Flow: $175,164

Gross Revenue: $339,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,635 /Month

Established: N/A

Profitable Laundry & Dry Cleaners in East Manhattan for Sale

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Business Description

Very Profitable Laundry & Dry Cleaners with Good Books!

This established laundry and dry cleaners is located in a high-traffic area in lower East Manhattan, surrounded by residential buildings. It has 4 commercial washers and 4 dryers in house for the laundry service, and is very busy for pick-up, drop-off dry cleaning service. Other services such as tailoring and house maid service also bring in great revenue. 8.5 years remaining on the current lease. Very motivated seller needs to move. Great cash flow!

Detailed Information

Location:
New York County, NY
Real Estate:
Leased
Building SF:
600
Lease Expiration:
2/28/2028
Employees:
3
Competition:
Very busy neighborhood with very limited competition.
Growth & Expansion:
The sales has been increasing since last year. With more marketing efforts it has great potential to grow.
Support & Training:
Seller will provide training as needed.
Reason for Selling:
moving
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(from currently available funds)
 
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Sherry Wang

Business Listed By:
Sherry Wang

Transworld Business Advisors of Flushing

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