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This Business has been Sold!
Closing Date: 09/14/2017
Business for Sale Summary

Drop-Off Dry Cleaner on UES - 28553

Business Type: dry cleaning/ laundry services
Sold
Drop-Off Dry Cleaner on UES
On September 14th 2017, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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.

Financial Information (non-confidential)

General Information
Asking Price $315,000 Down Payment $315,000
Gross Revenues $451,698 Lease Remaining Register Free to View
Owner’s Cash Flow $147,377 Number of FT Employees Register Free to View

Financing

$315,000 Down and

Business Description

The seller of this long established Drop-Off Dry Cleaner on Manhattan's UES is ready to turn over the reins to a new owner. You will be very impressed by how much business runs through this location and the premium prices it gets. 90% of the sales are by credit cards and on charge accounts, the rest in cash. All sales are recorded and can be verified. The hands-on owner runs this business with just 1 full-time on-foot delivery guy and 1 part-time counter person. Dry cleaning, shirt laundering, wash & fold, and tailoring are all locally out-sourced. There are over 9 years left on the lease. The landlord stands ready to round it out to 10. Rent is only $4,500/month for this prime UES location. This is a perfect business for a husband and wife team, who are customer service oriented. Please contact listing broker Jay Goldman for an appointment to meet the seller. Please call 1-877-735-5224 for further information.

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.