Dry Cleaners, Tailoring Full Service- Plant of Premises – Queens, NY

Price: $165,000

Location: Queens, NY

Industry: Service Businesses

Listing ID: 10272020

This well-established professional Dry Cleaner offers dry cleaning, tailoring, & laundry in addition to secondary services which include, leathers, and furs, comforters and blankets, shoe and handbag repairs. Bridal Gown and Formal wear services include fittings, alterations, cleaning and preservations. Busy location with a long standing positive reputation serving communities in north east Queens for almost 50 years. This Dry Cleaner has website and online sales app, mobile app for ordering, pick-up and delivery services to both residential and commercial clients. Low overhead, high processing capacity, excellent rent and landlord.

For more information please contact pvassallo@inbargroup.com.

• Asking Price: $165,000
• FF&E: $30,000 (Included in the Asking Price)
• Annual Cash Flow: $95,000
• Gross Revenue: $275,000
• Inventory at Cost: $1,000
• Employees: 1 Full-Time 2 Part-Time
• Monthly Rent: $3,850
• Monthly Payroll: $5900
• Down Payment: Negotiable
• Open 6 Days week Monday – Saturday
• Building Size: 1300Sq Ft + Basement
• Established:1972
• Reason for Selling: Family reasons/retirement

Listing Details

Gross Revenue: $275,000

Cash Flow: $95,000

FFE: $30,000 (Included in Price)

Inventory: $1,000

Reason For Sale:

Owner is seeking retirement.

Training & Support:

Owners will train and support.

Operation

Days & Hours of Operation: Open 6 Days week Monday - Saturday

Location

Monthly Rent: 3850

Type of Location: Business Service

Square Footage: 1300 plus basement

Facilities Information:

Highly visible corner retail location on main roadway. Full service dry cleaning processing plant with 60lb real star 4th generation machine, two pressing & bagging stations, two pos systems, full service tailoring, dressing room, basement storage

Summary

Potential Growth:

There is plenty room for potential growth.