Wholesale Shirt Processing Plant-30+ Commercial Accounts For Sale - Business for Sale
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Wholesale Shirt Processing Plant in Lynbrook, NY
Lynbrook, NY, US
Added 14 days ago
Wholesale Shirt Processing Plant
Retiring Owner
Wholesale shirt processing plant serving 36 commercial dry cleaning accounts and a retail counter in Lynbrook, NY, with over 30 years of operating history.
Key Information
Asking
$750K
Revenue
$725K
Earnings
$275K
Multiple
2.7x
Key Highlights
- Payroll expenses: $295,562 annually
- Rent: $2,971 per month ($35,653 annually), with a new 10-year lease
- 36 commercial accounts, primarily serving dry cleaners across Nassau County and eastern Queens
- 30+ years in operation at the current location, 10 years under current ownership
- Workforce: 11 full-time and 1 part-time employees, with average tenure over 12 years
- Retail counter generates $120,000β$130,000 annually, open 4.5 days per week
- Recent price increase implemented with no client attrition or pushback
- Modern equipment includes two Itsumi double-bucks, quad cuff-and-collar press (2019β2020), four washers, and Columbia boiler
- No marketing or outreach has been done; all accounts acquired via word of mouth
Contact Info
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