Executive Summary: Rare opportunity to own a high-volume, highly profitable dry cleaning drop store in a prime Manhattan location.
Financials: Annual Gross Sales of $720,000 with a remarkable Net Income of $240,000.
Lease: Exceptional New 10-year lease available for the qualified buyer.
Reason for Sale: Retirement. The owner is 73 years old and ready to transition after 37 years of success.
Growth Potential: Significant upside potential for a tech-savvy buyer to implement online marketing and concierge services. Financial Transparency & Verification: "The owner maintains meticulous financial records. Gross sales figures and profit/loss statements for the past three (3) years are available for review. Qualified buyers may verify the sales volume during the due diligence period after a signed NDA and proof of funds are provided
SBA Loan Eligibility: This business is qualified for SBA financing. A qualified buyer can acquire this high-profit business with as little as a 20- 35% down payment. This is an excellent opportunity to leverage your investment in a stable Manhattan enterprise