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Dry Clean Drop

New York, New York

Asking Price: Gross: Cash Flow:
$230,000 $300,000 $91,000

Business Summary:
This dry clean drop store is located on the Upper East Side of NY. There is heavy foot traffic. Store has been established for more than 10+ years. This operation is open 6 days a week; new owner can stay open on Sundays to bring in more revenues. Laundered shirts (20%), Dry clean (60%), laundry (15%), tailoring (5%) in the basement there is 4 washers and 7 dryers were you can perform the service of the wash and fold and not have to pay out the 24k to have a company do it for you. Conveyor holds over 1700 pieces.

 
   
   
Year Business was Established: 10
   
Number of Employees: 2  
   
Facilities / Terms of Lease: This is 1,000 sq ft space with long lease in place. There are 2 conveyor racks that hold over 1700 pieces.  
   
Potential Growth/Expansion: Owner can stay open 7 days a week and expand the business.  
   
Competition: There is competition in the area  
   
Owner willing to train: Seller will help  
   
Reason for selling: Seller relocating  

 

 

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