
Established Profitable Retail Dry Cleaning Business/Plant
Established Profitable Retail Dry Cleaning Business/Plant
Price: $1,790,000
Location: Suffolk County, NY
Industry: Drycleaning and Laundry Services
Listing ID: Rapt 5595
DESCRIPTION
This is an opportunity to acquire a well-established, highly profitable French style dry cleaners with financing available. This family-run dry cleaning, laundry and alterations business has served the Eastern Long Island community since 2004. Among its clientele are many well-known prominent people, including celebrities and financial professionals. Although present ownership owner manages the business on a full time basis, a new owner could hire a manager and reduce his personal daily involvement in the business.
While many dry cleaners are just “drop off” stores and subcontract the cleaning to outside plants, this business has its own cleaning plant, assuring quality & timely deliveries. Quality and quick response are more important than price to the store’s customers.
While the business is highly profitable, the owner feels it has even more potential to achieve greater sales and profits.
LISTING DETAILS
Total Sales: $1,300,000
Cash Flow: $730,000
Reason For Sale:
Owner has reached retirement age and believes business has growth potential.
Training & Support:
Seller will remain on-staff at no cost for two week period to transistion business.
OPERATION
Year Established: 2004
Employees: 4
LOCATION
Facilities Information:
Completely equipped hydrarbon dry cleaning plant & store.
SUMMARY
Competition:
While other cleaners are in the area, ownership feels that his store is unique in offering French Style Dry Cealning Services.
Financing/Terms:
SBA financing of $1.5MM is anticipated for this deal.
For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER