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Business for Sale Summary

Uptown Dry Cleaners for sale in NYC - 26941

Business Type: assets only sale,illness forces sale!,misc. retail/non-classifiable,misc. servicel/non-classifiable,must sell/drastic price reduction!,other personal services,seller financing available,dry cleaning/ laundry services
Owner Financing
Uptown Dry Cleaners for sale in NYC
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This business has received 408 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $366,744 Lease Remaining Register Free to View
Owner’s Cash Flow $148,000 Number of FT Employees Register Free to View

Financing

$99,000 Down and The seller will entertain any reasonable offer!

Business Description

Uptown NYC Dry Cleaner. Established over 50 years. The owner just passed away and his wife would like to sell right away. Prime Manhattan location with heavy foot traffic in a residential and commercial area. All permits are transferable and grandfathered. There is NO restriction on keeping the existing Perchloroethylene (PERC) dry cleaning machine since this is a one story building with no tenants above. This is a rare find. You can even use this as a commercial facility to support multiple drop stores. This business has a great reputation for quality delivery of finished goods. No violations. Well trained staff. Reasonable rent and lease terms. Seller will provide training and introductions to regular customer base. In 2019 the business generated gross sales of $366,744.00 and an owner's cash flow of $148,000.00. 2020 sales were down due to Covid 19. This is a wonderful opportunity for a hands-on owner operator. We are seeking a serious and financially qualified buyer with at least $99K in liquid funds. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.