Listing ID: 71393
Business Overview
Highly profitable dry cleaning business located in Queens, NY generating over $1,000,000 in annual gross sales with approximately $500,000 in seller’s discretionary earnings.
This well-established operation has built a strong reputation within the community and benefits from a loyal repeat customer base, consistent revenue, and healthy profit margins. The business offers dry cleaning, tailoring, alterations, wash & fold, and related garment care services.
The operation is fully staffed and positioned for continued growth through expanded marketing, pickup & delivery services, and additional commercial accounts.
Key Highlights:
Over $1M annual gross revenue
Approximately $500K SDE
Highly profitable operation
Established and reputable business
Loyal repeat customer base
Prime Queens location
Strong cash flow and margins
Rent: $9,500/month
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $850,000
- Cash Flow: $500,000
- Gross Revenue: $1,000,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Lease
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Yes.
Other business interests.