Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in New York, New York (NY)

Dry Cleaners Nets $285k for sale in New York, NY

New York, New York (NY)

Asking Price: Gross: Cash Flow:
Undisclosed $ 956,000 $ 285,000

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Inventory Value:
$ 2,500 (included in the asking price)

Business Summary:
Highly profitable, professional nontoxic state of the art, dry cleaners with a gross income of $956,000 and a net yearly income of $285,000. The sale represents two retail shops in Manhattan and Brooklyn. Each store is strictly a drop off location. All cleaning is coordinated and completed off premises, at CO2 dry cleaning plants. Each store provides free pickup and drop off service, and they service residential buildings anywhere in Manhattan and many locations in Brooklyn. The stores also offer professional tailoring. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 29% investment return to the owner operator prior to debt service. Name is not included; however, all phone numbers and equipment is included in this sale. Due to the state of the art nontoxic chemicals, this business transaction does not require government licensing approval to purchase or operate. The shops consist of 1,000 and 850 square feet. Each of the facilities consist of a modern attractive retail shop with a walk up counter and rear storage area. This company has eight full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $15,383. The business has an assignable commercial lease which expires 2027-01-01 plus additional options, with a monthly rent of $4,636 and $9,500, cost per square foot is estimated at $28.00 and two months’ rent security. The business fixed assets have an estimated value of approximately $170,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped commercial retail store, which includes displays, shelving, POS system, holding racks, tables, computers, software including all the necessary equipment to maintain the day to day business operation. A list of assets will be supplied to purchaser upon request. Each of the businesses have a six-day operation with hours from 7:00 am to 7:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipalities and the required state or city licenses to conduct its day to day business. The seller / owner will remain post-closing to supply an appropriate transitional period to the new owner / operator. The sale is due to the corporate owner’s alternative business. The business presently has an appropriate marketing plan, which can be improved to further develop the business yearly gross sales. Competitors presently exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business has been valued at $750,000 based on a multiple of the net yearly income including the value of the specific business assets and seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

 

   
Year Business was Established: 2007
   
Number of Employees: 8  
   
Facilities / Terms of Lease: The sale consists of two retail stores, Manhattan & Brooklyn, New York. Each facility is in a highly populated urban city with hundreds of thousands of residents. The shops consist of 1,000 and 850 square feet and function strictly as a drop off service location. Each of the facilities consist of a modern attractive retail shop with a walk up counter and rear storage area.  
   
Potential Growth/Expansion: The business presently has an appropriate marketing plan, which can be improved to further develop the business yearly gross sales.  
   
Competition: Competitors presently exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.  
   
Owner willing to finance: Available  
   
Owner willing to train: The seller / owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.  
   
Reason for selling: The sale is due to the corporate owner’s alternative business.  
   
Seller Reference Number: DRCL152
BusinessMart.com Listing Number: 209140
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Illinois
Chicago
Massachusetts
Boston
Mississippi
Missouri
Kansas City
St. Louis
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
North Dakota
Ohio
Cincinnati
Cleveland
Columbus
Pennsylvania
Philadelphia
Pittsburgh
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio
Wyoming

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in New York New York
Franchises For Sale in New York New York
Dry Cleaners Nets $285k For Sale in New York New York

Businesses For Sale by Category
Restaurants For Sale in New York New York
Car Washes For Sale in New York New York
New York New York Laundromats For Sale
Liquor Stores For Sale in New York New York
New York New York Gas Stations For Sale
Convenience Stores For Sale in New York New York
Internet Business For Sale in New York New York
New York New York Nightclubs & Bars For Sale
Automotive Businesses For Sale in New York New York
New York New York Routes For Sale
New York New York Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in New York New York
Manufacturing Businesses For Sale in New York New York
Marinas For Sale in New York New York

Buying a Business Resources
Buying a Business in New York New York
The Advantages of Buying An Existing Business in New York New York
Forget The Asking Price of A Business For Sale
Getting Into Business: Dry Cleaners Nets $285k
How To Value A Dry Cleaners Nets $285k

 

Printer Friendly or E-mail this Listing

For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2017 BusinessMart.com.
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us