Dry Cleaners, Busy Location for 50 years – Bayside, NY
Price: $95,000
Location: Bayside, NY
Industry: Service Businesses
Listing ID: 10272020
Make Offer! Great Location with strong sales and consistent volume. Professional Dry Cleaning business offering dry cleaning, expert tailoring, & laundry services in addition to secondary services including leathers, and furs, comforters and blankets, shoe and handbag repairs. They are well known for profitable Bridal Gown and Formal wear services include fittings, alterations, cleaning and preservations. Very solid location presently run as a drop store with good margins. Great neighborhood, highly visible corner and strong sales. Drop off, delivery and some commercial work keeps this business busy through all seasons. For more information, please contact pvassallo@inbargroup.com.
Listing Details
Gross Revenue: $300,000
Cash Flow: $85,000
(Included in Price)FFE: $30,000 (Included in Price)
Inventory: $2,500 (Included in Price)
Reason For Sale:
Owner is seeking other interests, consolidation
Training & Support:
Owners will train and support.
Operation
Year Established: 1970
Year of Last Acquisition: 1998
Days & Hours of Operation: Open 6 Days week Monday - Saturday
Owner Hours Per Week: 45-50
Employees: 3
Managers: owner-manager
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.