Very Profitable Commercial Laundry & Dry Cleaning

Adirondack, NY
Warren County

Southern Adirondack Region


Asking Price: Annual Revenue:
$1,900,000 $2,110,000

Services: Dry Cleaning & Laundry


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RE: Very Profitable Commercial Laundry & Dry Cleaning Broker: Carl J. Cusano, MBA CBI
Owner Financing is Available!

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $2,110,000
Net Profit: Not Disclosed
Cash Flow: $700,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $500,000
Year Established: 1956
Employees: 40
BBN Listing #: 808826102
Broker Reference #: CBA-494

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Business Overview:

This business is a full-service commercial and residential laundry and dry cleaner servicing hotels, motels, restaurants and residential customers. The business provides rental linens and processes customer-owned linens, which include tablecloths, napkins, bar mops, kitchen towels, chefs clothes, bed sheets, pillow cases, bath towels, hand towels, wash cloths, bath mats, door mat rugs, etc.

Delivery service is provided to all commercial and residential customers. The business has scheduled routes and days of service which vary by type of customer, geographic location and time of season.

The breakdown of revenue is approximately 80% Commercial Laundry and Linen Supply, 17% Residential Laundry and Dry Cleaning, and 3% Coin-Operated Laundromat. No one customer accounts for more than 10% of annual sales.

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Property Features and Assets:

The building is approximately 14,500 square feet in size which houses the commercial laundry plant, dry cleaning production, and a retail coin-operated Laundromat. All equipment, including a fleet of delivery vehicles, is in good repair with little or no deferred maintenance

Market Competition and Expansion:

Over the years, the business has developed an excellent reputation by providing fast, friendly and superior customer service, backed by the highest quality work available anywhere.

Reason for Selling:

Owners are retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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