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Three Dry Cleaning Businesses In One
Location: United States -> New York -> Other New York -> Suffolk County
Industry: Business Services > Laundry




Business Summary

This business has unlimited potential for a hands-on individual. The current owner has developed the perfect model for the next generation of dry cleaners. The core of this business is the plant within this retail location. By using a retail location, the owner takes advantage of walk-in business to cover most of the overhead. The plant is equipped to handle much greater volume than it currently has. The 35-lb. hydrocarbon machine is totally environmentally friendly and meets all state and county regulations. Unlike the typical dry cleaner, this plant has a 2-unit shirt system which, along with two washing machines and two dryers, enables them to do shirts in-house. Most dry cleaners send out their shirts and pay over $1.25 per shirt to an outside vendor. Since this business does over 300 shirts a day, just look at the additional profit! By having the washers and dryers they also take in wash-and-fold business as well, creating another solid revenue stream which can easily be expanded. The rest of the equipment includes two delivery vans, three sewing machines, an elevated conveyer, three POP systems (1 for each division), an automatic presser, a manual presser, a suzy, a touch-up machine, a folder, 15-HP boiler, brand-new water heater, an air compressor, a fully-equipped spotting station, six laundry bins, numerous racks, office equipment and more. To take advantage of having the plant on premises, the seller established a pick-up and delivery business. The customers can either call, email or text to schedule their pick-ups and deliveries. This portion of the business is increasing in popularity and easily can be expanded with basic marketing. The wholesale portion of the business includes several accounts which provide another revenue stream. The store front has been in business for over 25 years and is a fixture in the commercial and residential area in which it is located. The owner is also willing to hold a note for the right buyer.
KEY FEATURES
1. Hydro Carb


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $300,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $170,000
Seller Financing:  Yes

About The Business

Year Established:  1993
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  yes
Reason For Selling:  Other opportunity




Print Listing Id: 700329909
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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