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Wash & Fold Drop Store for sale in NYC
New York County, NY |
Listing #30978 |
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| Financial Information (non-confidential) |
| Asking Price |
$140,000.00 |
Gross Revenues |
$200,000.00 |
| Down Payment |
$75,000.00 |
Owner’s Cash Flow |
$70,000.00 |
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Financing: $75,000.00 Down and $65K over negotiable terms.
Reason for Selling:Cashing Out.
Wash & Fold and dry-cleaning drop store for sale in Uptown NYC.
This is a simple operation and is very ideal for an owner-operator buyer seeking a simple business to operate. This business is recession proof and has lasted well through COVID. Sales for 2020 Pre-COVID were on target to be around 250k but are now projected to be 180k for the year as dry cleaning slowed down but wash & fold increased.
Currently all laundry and dry cleaning is serviced off-site but there is some room to start doing some cleaning on site. An impressive nicely designed website with an online request form is also included in the sale of this business. 10-year lease and rent is currently being negotiated.
There is a 1 p/t employee who handles deliveries and helps to open and close the store. Seller financing available.
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Marie Goldstein
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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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. |
1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |
