High-Profit ($240K Net) Dry Cleaner in Manhattan - Business for Sale
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Dry Cleaning Business in Manhattan, NY
New York, NY, US
Added today
Personal Product & Service, Retail Stores
51 years in business
Retiring Owner
Dry cleaning business located in Manhattan's Upper East Side, operating for 25 years at its current location and serving a local customer base.
Key Information
Asking
$650K
Revenue
$720K
Earnings
$240K
Multiple
2.7x
Key Highlights
- Annual net income of $240,000
- Business has operated at the same location for 25 years
- 3,000 sq. ft. main floor plus 3,000 sq. ft. basement included
- Monthly rent is $9,000 (water included) with 5 years remaining on lease
- All specialized machinery and equipment included in sale
- Owner does not work on Saturdays; business is managed by employees on that day
Contact Info
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