Long Established Dry Cleaner
Location New York,United States
Asking Price Range < $250K
Gross Revenues $238368
Net Profit / Cash Flow $99048
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Very long established Dry Cleaner. This business has been owned and operated by the same person for the past 20 years. He is looking to sell due his wife's serious medical condition. This location has more equipment than necessary. At one point this store supported 6 drop stores. They have two Multimatic Perc Dry Cleaning Machines (75lb. & 65lb.), 4 pressing machines, 2 Suzy Q's, 2 Puffers, 2 Lot Assembly Conveyor, additional 2 Lot Assembly on Straight Rail, and much more. The store currently averages $19,864/mth. in sales with trailing 12 month sales of $238,370.00 and a Net Income of approx. $91,808. Keep in mind that this store is open 6 days with production ON ONLY 3 DAYS. There is huge upside here. This business is aggressively priced for a quick sale. Any buyers MUST have dry cleaning experience and at least $175K for a cash deal, plus working capital, deposits, etc. of at least $25K. The seller WILL NOT hold a note. If you fit the criterion, call or email Joe DiBello today at 508-965-8848.
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