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Drop-Off Laundry/Dry Cleaners In New York County For Sale

New York County, New York, US
Asking Price:
$99,000 (USD) Inventory / Stock included
Sales Revenue:
$140,000 (USD)
Cash Flow:
$50,000 (USD)

Established for 25 years at the same UES location, the current owner is now ready to sell this profitable Drop-Off Laundry & Dry Cleaners. At present, approximately 70% of gross revenues come from drop-off laundry and 30% from dry cleaning & laundered shirts. Prior to the pandemic and closing of business offices, the mix was closer to 50%/50%. As customers return to their offices, revenues from dry cleaning & laundered shirts are seeing healthy increases. You will find 6 Wascomat Junior W74s & 1 Wascomat Senior W124 washing machines and 1 Wasco Dry 50, 2 Wasco Dry 30s, & 2 brand new Wascomat D735 dryers. Annual maintenance expense for all of the machines combined is nominal. Water usage comes out to about $500/month. Gas & electric are about the same as that. Rent is $4,800/month for 800 square feet. There is no real estate tax. This would be an ideal business for a husband/wife team to take over and build back up to its former success and beyond. Please be very discreet when visiting this location, as customers do not know it's for sale. Kindly contact the listing broker, Jay Goldman, at [email protected] to schedule an appointment to meet with the seller, who is available for such on Fridays, Saturdays, and Sundays. If you are new to Vested Business Brokers, go to www.vestedbb.com to become a free registered buyer under listing 34388. Should you want to obtain the name & address right away, kindly upgrade to premium membership.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Owner has larger out of state business interests he needs more time to focus on.

Employees:
1FT
Years established:
1997

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

99,000.00 Down &

Furniture / Fixtures value:
$20,000 (USD)
Inventory / Stock value:
$2,000 (USD) - included in the asking price

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