Dry Cleaners – Absentee- LOW RENT – Long Lease (Manhattan) - $ 280,000 - Business for Sale
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Absentee-Run Dry Cleaner in Manhattan, NY
New York, NY, US
Added 6 days ago
Dry Cleaning Service
Absentee / Semi-Absentee
Dry cleaning business operating for approximately 30 years in a residential area of Manhattan, New York, currently run absentee with a 10-year lease and 700 sq. ft. space.
Key Information
Asking
$280K
Revenue
$280K
Earnings
$180K
Multiple
1.6x
Key Highlights
- Business established approximately 30 years ago; current owner for 9 years
- Lease term remaining: 10 years
- Monthly rent: $5,800 for 700 sq. ft.
- Business operates absentee with $100,000 spent annually on payroll
Contact Info
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