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Business for Sale

Drop-Off Laundry/Dry Cleaners for Sale in NYC
New York County, NY

Listing #34388

   
Financial Information (non-confidential)
Asking Price $99,000.00 Gross Revenues $144,000.00
Down Payment $99,000.00 Owner’s Cash Flow $50,000.00

Financing: $99,000.00 Down and

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

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 Jay Goldman, the listing broker, to schedule an appointment to meet with the seller, who is available for such on Fridays, Saturdays, and Sundays. Mr. Goldman can be reached at either 917-912-3282 or jaygoldman@vestedbb.com.

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.
Jay Goldman
Senior Business Broker
917-912-3282
jaygoldman@vestedbb.com
Servicing Area:
New York County, NY
Kings County, NY
Queens County, NY
Bronx County, NY
Westchester County, NY
Nassau County, NY
All of NJ
All of CT
Jay Goldman

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.

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