Wholesale Shirt Processing Plant-30+ Commercial Accounts - Business for Sale
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Wholesale Shirt Processing Plant Serving Nassau & Queens
Lynbrook, NY, US
Added 12 days ago
Wholesale Shirt Processing Plant
Retiring Owner
Wholesale shirt processing plant in Lynbrook, NY serving 36 commercial dry cleaning accounts across Nassau County and eastern Queens, with a retail counter and over 30 years of operating history.
Key Information
Asking
$750K
Revenue
$725K
Earnings
$275K
Multiple
2.7x
Key Highlights
- 36 commercial accounts, primarily serving dry cleaners in Nassau County and eastern Queens
- 30+ years in operation at current location, 10 years under current ownership
- 11 full-time and 1 part-time employees, average tenure over 12 years
- Rent: $2,971 per month ($35,653 annually) with a new 10-year lease
- Payroll expense: $295,562 annually
- Recent equipment upgrades include two Itsumi double-bucks and a quad cuff-and-collar press (2019β2020), four washers, and a Columbia boiler
Contact Info
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