TWO Dry Cleaners. One With Property. Great Income. Sold As A Package.

New Windsor, NY (Orange County)

Seller Financing Available
TWO Dry Cleaners. One With Property. Great Income. Sold As A Package.
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Asking Price: $800,000

Cash Flow: $420,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,500 /Month

Established: 2007

TWO Dry Cleaners. One With Property. Great Income. Sold As A Package.

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Business Description

Store 1: Fully equipped to handle HIGH VOLUME dry cleaning, wash & fold & shirt laundry.
Main street location with parking.
Retail sales $7,000/Week & Wholesale sales $3,000/Week dry cleaning, $3,000/Week shirts.
Plenty capacity to increase wholesale and establish a pickup & delivery route business.
HIGH NET INCOME.
Store 2: Free standing store with 20+ parking. Adjacent to the towns main Shopping Center.
This store can do over DOUBLE current sales with effective marketing and social media initiatives.
Great opportunity for a husband & wife team.
Asking price, sales & cash flow listed are for BOTH stores. Rent is for ONE store.
Owners pay themselves $1,500/Week included in payroll.
Stores are 15 minutes drive from each other.
Sign and send the attached NDA for more information.
brian@elbrokerage.com
T: 917-834-4063
F; 201-568-5401

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2035
Employees:
6+ 4 Owners
Facilities:
Store 1: 2,000 SF with 10/5 year lease at $3,500/Month with $200 increase every 2 years,. Real estate taxes $1,000/Month includes water. Brand New Hydrocarbon dry cleaning machine and 1 X Single Buck & 1 X Double Buck shirt machines. 2 vans. Store 2: With Property. 1 Acre site with 3,000 SF free standing building. Real Estate Taxes $20,000/Year.20+ Parking spaces. Hydrocarbon 60 LB dry cleaning machine.
Competition:
Great locations and established customer base. All work done in-house. Easy to add wholesale accounts. Pickup and delivery
Growth & Expansion:
Easy to add wholesale & corporate accounts. Store 2 with property can do more than DOUBLE the sales with effective promotion. Pickup and delivery can be handled for both stores with ONE driver.
Financing:
Limited Seller Financing Available
Support & Training:
Owners will transition.
Reason for Selling:
Retiring
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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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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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