High-end Dry Cleaning & Restoration Company

Manhattan, NY

Asking Price: Annual Revenue:
$3,800,000 $4,500,000

Services: Dry Cleaning & Laundry

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RE: High-end Dry Cleaning & Restoration Company Broker: Lou de la Prida

Quick Facts

Asking Price: $3,800,000
Annual Revenue: $4,500,000
Net Profit: Not Disclosed
Cash Flow: $616,735
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1957
Employees: 50
BBN Listing #: 905311983
Broker Reference #: 898

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Business Overview:

This is an excellent opportunity to own a world-renowned dry cleaning and restoration company with a blue-chip clientele. Based in New York, the Company has generated average annual revenues of approximately $5.3 million over the past three years.

For over 60 years, it has served celebrity and high-profile clients in many of New York state’s leading industries, including fashion, entertainment and government. Its commercial customers include Fortune 500 companies, fashion designers, hotels, restaurants, museums, and theater companies, among others.

Products & services include

•High-end dry-cleaning, laundering, and tailoring

•Bridal and other alterations

•Fire, smoke, and water damage restoration

•Stain removal, and other specialty services

The Company’s loyal and repeat customers hire the Company for the following key reasons:

•World-name recognition

•Attention to detail and quality of work

•Customer service, including delivery

•Centrally located storefront and easily accessible factory

•Multi-functional services:

oAccessory, home and garment cleaning, laundering, restoration, and tailoring

•Technical expertise: Can clean and restore items that competitors cannot.

The Company employs over 50 staff members to service its customers. Employees are cross trained in several job roles. Several staff members have been with the company for decades.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is not 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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