Established Dry Cleaner with Tailoring Services

Suffolk County, NY

Seller Financing Available

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Asking Price:$175,000
Gross Revenue:$300,000
Established Year:1994
Cash Flow:$52,000
FF&E:$100,000
BUSINESS DESCRIPTION

Established Dry Cleaner with Tailoring Services

LISTING ID # 36433

This well-established dry cleaning business, equipped with a full plant and offering in-house tailoring, is located in a very affluent area. The business operates as an organic, environmentally friendly "Green Laundry." The current owner, with limited experience, has owned the business for only one year. They currently pay an experienced worker $700 per week, but a new owner with industry experience could manage these responsibilities themselves, potentially increasing profitability. An experienced buyer could net approximately $80,000 annually. The location also presents an excellent opportunity to expand services by adding pick-up and delivery options or opening one or two additional drop-off locations. For more information, contact the broker.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
125,000.00 Down & 50,000 for 5 years @ 8%
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd