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  • RE:  Absentee Dry Cleaning
  • Contact:  Elliot Dweck

Quick Facts

Asking Price: $275,000
Annual Revenue: $461,000
Net Profit: Not Disclosed
Cash Flow: $147,528
Total Debt: Not Disclosed
FF&E: 15,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 3
BBN Listing #: 499764169
Broker Reference #: 189597-868228

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Business Overview:

Neighborhood landmark 22-year-old Dry Cleaning business in a very upscale area of Brooklyn. Being next door to Barnes & Noble and Trader Joe's brings a tremendous amount of foot traffic to the street. This location is drop off only all cleaning is done by a plant off site. Store grosses over $415,000 a year. This business is run 100% absentee. The owner only visits once a week for payroll. Priced at less that two times profit, this is a steal!

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Property Features and Assets:

Monthly Rent: $4,000.00; Square Units (Foot, Meter): 1,000; Lease Expiration Date: May 16, 2033, 9:00:00 PM.

Reason for Selling:

Retirement

Additional Details:

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

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