MergerPlace

Profitable Specialty Uniform Supply

New York


  • Asking Price: $1,495,000
  • Gross Income: $1,313,937
  • Cash Flow: $318,472
  • Real Estate: $870,000
  • Inventory: $100,000
  • FF&E: Not Disclosed
  • Listing ID: #210112
  • Established: 1981
  • Employees: 2

Business Description

Established and Profitable Uniform Supply business servicing the New York Metro region for over 35 years. They are the leading supplier in their area and they have successfully created a niche marketing opportunity for themselves being that they are one of a few uniform suppliers that are approved to provide uniforms to NYC civil employees included the NYPD and Postal services.

They specialize in providing uniform, accessories and footwear to the New York Police Department, School Safety, Traffic agents, Postal letter carriers/ motor vehicle operators, Sanitation and Correction officers. The business has an excellent reputation in their marketplace over the past 35 years, with a large base of customers with whom they have terrific professional relationships.

The business has consistently shown the owner strong revenues and cash flow over $300,000 a year. It offers a buyer a multiple six-figure yearly net earnings with substantial opportunities for growth.

The business can be operated by the owner and an assistant, requiring minimal staff to maximize profitability. The owner will offer on-site and support to the new buyer.

This is a great opportunity for anyone looking to capitalize in the specialized uniform industry.

Seller will consider partial financing to qualified buyer.

Property is also available for sale with business.

The Mixed use building rests on a 3,093 square foot lot. Property is currently configured as a massive two-bedroom over one commercial space. The two-bedroom apartment is in great condition. 2 Stories Built in 1920. Owner recently had it appraised for $900K


Business Details

Primary Business Category: Retail Trade - Clothing
Location: New York

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $1,495,000
Gross Revenue: $1,313,937
Cash Flow: $318,472
Inventory: $100,000
Real Estate: $870,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Tremendous opportunity to expand uniform offerings to other industries like funeral services, nursing, medical, school bus drivers, and the various trades. For the tech savvy buyer they is also opportunity to build out e-commerce site and sell uniforms online to a larger audience.

Competition:

This a unique business very little competition in the area

Reason for selling:

Retirement

Support & Training:

Available

Contact Business Seller

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Business Listed By:

Anthony Citrolo

The NYBB Group