Financing: $125,000.00 Down and All-down buyers only please!
Reason for Selling:Seller has another business to run in Bklyn.
This Absentee-Run Drop-Off Dry Cleaners on Manhattan's
UES could put twice as much as it's making now in the
pockets of a full-time husband and wife team that could
replace 2 out of the 3 employees there now, thus eliminating
about $60K in payroll. The seller only comes to the store
once a week and for only 2 hours at that. She has another
business in Bklyn to run. This store is open Monday-Saturday
and closed on Sundays. Financials are totally verifiable.
80% of sales are on credit cards, 10% personal checks, and
10% in cash. Sales are broken down this way:
dry cleaning (62%), laundered shirts (13%), wash & fold (14%),
and alterations (11%). All dry cleaning and shirt laundering
go out to a wholesale plant, which picks up from and delivers to
the store twice daily. Same day service is therefore available
for customer willing to pay a premium. Wash & fold is outsourced
to a laundromat in the neighborhood. The 3 full-time employees
(counter person, delivery guy, and tailor) will stay on if you want
to keep them as currently compensated. You can enhance
your profitability if you already have a wholesale plant elsewhere
with the capacity to handle this drop-off store's business.
The rent of $8,996/month for 1,000 square feet is below
market in this very affluent neighborhood. The landlord may
consider extending the lease for a few more years or give you
a brand new one at a slightly higher base rent. Please upgrade
to premium membership to obtain the address and then feel free
to discreetly visit the location without saying anything to the
employees or customer, who do not know the business is for sale.
Then, contact listing broker Jay Goldman to speak with the seller.
Please call 877-735-5224 for further information.
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 at firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.