High-Profit ($240K Net) Manhattan Drop Store –Retirement Sale - Business for Sale
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Dry Cleaning Drop Store in Manhattan, NY
New York, NY, US
Added 7 days ago
Personal Product & Service, Business and Professional Services
101 years in business
Retiring Owner
Dry cleaning drop store located in Manhattan, NY, operating for over a century in the personal services industry.
Key Information
Asking
$300K
Revenue
$720K
Earnings
$240K
Multiple
1.3x
Key Highlights
- Annual gross sales of $720,000
- Net income of $240,000 per year
- Business established for 101 years
- New 10-year lease available for qualified buyer
- Qualified for SBA financing with 20-35% down payment
- Owner is 73 years old and selling due to retirement
Contact Info
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