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Business for Sale Summary

Dry Cleaning Plant in Queens County, NY - 29666

Business Type: dry cleaning/ laundry services,misc. servicel/non-classifiable,other business services,other personal services
Owner Financing
Dry Cleaning Plant in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $140,000 Down Payment $100,000
Gross Revenues $180,000 Lease Remaining Register Free to View
Owner’s Cash Flow $70,000 Number of FT Employees Register Free to View


$100,000 Down and $40,000 2 yrs @5%

Business Description

Well-established dry cleaning plant and store in high-density, affluent neighborhood. Plant/store is 2,000 sq. ft., with tailoring offered. Plant rent is $3500. Lease is five years, with five-year option. State-of-the-art POS system and conveyor in place. Pick-up and delivery are available. Drop-off service available, as well. This business has both commercial and institutional accounts, and medical offices. New security guard uniform accounts will add $50k to revenue in 2018. No advertising currently done. New boiler and conveyor installed at plant. Wash and fold, as well as premium garment custom tailoring and alteration services are done here. UPS access point. This company has excellent market recognition online (Yelp, Google, Facebook), with high ratings. Company also has Dun & Brad Street Number, and established credit lines. The business is well-established, with a loyal customer base and returning clients. Owner is relocating. Please contact broker Joseph Stansky for more information.

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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.