Location: Lower-Midtown Eastside Manhattan NY.
This drop store [not plant] [although they do have a shirt machine] retail store is located in an excellent area, and they have an excellent reputation. A good size at 2,000 sf, the monthly rent is $10,000 a great lease for so much space, and the lease expires 2017 with a 5 year option until 2022, after that may be negotiated with landlord.
Established business was there for many years and current owner for 10+ years. Sales are $600,000. Net profit is $200,000. Asking price is 400,000. This is a nice clean shop in an excellent busy neighborhood! Excellent clientele! No problems. They have exclusive contracts.
It is a wet plant store and wash & fold. It has a very high capacity. There is a big opportunity to increase sales via internet, advertising and other methods. Shirt machine, 1 press machine can use steam wet cleaning machine - new technology, 1 washer and 1 dryer. This business comes with a trained staff.
Sale includes furniture, fixtures, and equipment. Turn key business includes everything you need to start your business.
Owner wants to retire after more than 30 years in the industry. Seller will provide training and support if necessary.
Seller prefers an industry experienced buyer.
Possible owner financing. Contact Broker - Roy at 914-777-1225 Thank you.
Serious Inquiries Only. No Brokers. No disappointments guaranteed. This is an operating business, so do not contact the establishment or employment for information.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial &/or legal advisor with regard to this information.