6
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$125,000
Est. payment /mo
Price Dropped by $24K
231 Middle Country RD Selden, NY 11784
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1001215
Rental Info No
Property Sub-Type Retail
Source onekey2
Property Description
This turnkey dry cleaning and alteration business uses a non-toxic, non-hazardous wet cleaning system. The business was originally established in 1977. The current owner, the third owner overall, purchased it in 2001 and is now retiring.
Over the last three years, the business has averaged approximately $293,000 in annual gross income, with yearly expenses of about $144,000 and estimated net income of about $149,000.
There is significant potential for growth, especially through the addition of pickup and delivery services. A detailed income and expense report is available upon request.
The sale price includes specialized machinery and equipment, including:
• Miele washer and dryer
• GE washer and dryer
• VEIT garment enhancers
• Two pressers
• Air compressor
• Additional equipment
The current lease runs through 2033 and includes an option to renew. The owner is also prepared to provide training to support a smooth transition.
Over the last three years, the business has averaged approximately $293,000 in annual gross income, with yearly expenses of about $144,000 and estimated net income of about $149,000.
There is significant potential for growth, especially through the addition of pickup and delivery services. A detailed income and expense report is available upon request.
The sale price includes specialized machinery and equipment, including:
• Miele washer and dryer
• GE washer and dryer
• VEIT garment enhancers
• Two pressers
• Air compressor
• Additional equipment
The current lease runs through 2033 and includes an option to renew. The owner is also prepared to provide training to support a smooth transition.
Location
State NY
County Suffolk County
Interior
Fireplace No
Exterior
Total Parking Spaces 100
Others
Special Listing Condition None
Listed by Realty Connect USA LLC • Manmeet S. Bajaj
NEARBY SCHOOL & BUSINESS
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