Wholesale Shirt Processing Plant-30+ Commercial Accounts

HS Listing ID-72280 Asking Price: $750,000 Annual Overview: Gross Revenue: $725,000 SDE: $275,000 Expenses: Payroll: $295,562 Supplies: $44,259 Rent: $2,971 a month ($35,653 annually) Insurance: $26,490 Utilities: $25,623 Auto: $20,383 Business Highlights: 36 Commercial Accounts, Not One Storefront: Wholesale shirt plant serving 36 dry cleaners across Nassau County and eastern Queens, plus a retail counter. Revenue diversified across three dozen B2B relationships — no neighborhood risk. 30+ Year Operating History: Established three decades at the location, 10 years under current ownership. Protected Niche: Post-COVID consolidation permanently wiped out dozens of metro-area wholesale plants. One of the few left standing — new accounts now arrive unsolicited via competitor referrals. Hard to Replicate: Entry requires roughly $300,000 in press equipment, a trained crew, and volume from day one to cover fixed labor. Can’t be started small and scaled. That’s the moat. Proven Pricing Power: Recent across-the-board price increase taken with zero attrition and zero pushback. Several clients said it should have been higher. Exceptional Workforce Stability: 11 full-time, 1 part-time. Average tenure 12+ years, longest at 29. Entire crew returned post-COVID. Cross-trained assembly-line workflow — the plant runs on process, not owner presence. Room to Grow Without Spending: The plant is currently running well below what the existing equipment and crew can handle. A new owner can add meaningful volume without a second shift or additional capital investment. Six-Figure Service Expansion Ready to Capture: Existing clients keep asking for dry cleaning the plant doesn’t offer; ownership has declined by choice. $150,000–$200,000 in requested volume turned away over 18 months, including one client outsourcing ~$100,000/year elsewhere. Retail Counter Open 4.5 Days: Generates $120,000–$130,000 annually while closed all day Friday and half of Tuesday, with no management attention. Queens Territory Recoverable: Route frequency was cut post-COVID purely to avoid a second driver — accounts were released, not lost to competitors. Two apartment buildings totaling ~200 units sit two blocks off the existing route. Zero Marketing Ever Done: No outreach, flyers, app, or web presence. Every account came by word of mouth. A current top-six client two miles away only found the plant by cold-calling. Modern Equipment, Minimal Capex: Two Itsumi double-bucks plus quad cuff-and-collar press (2019–2020), refrigeration-cooled. Four washers, Columbia boiler. Semi-annual preventive service by the original installer. No significant downtime in six years. New 10-Year Lease: Locked at $2,971/month — roughly 5% of revenue. Retiring Owner, Committed to Transition: Client relationships are personal and long-standing; seller is motivated to hand them off properly to protect retention. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION