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Step into ownership of a highly respected, long-standing dry cleaning business that has been serving the Main Street shopping mall, Spring Valley, NY, for decades. Renowned for its exceptional service, consistent quality, and strong customer relationships, this business has built a loyal, repeat clientele and an outstanding local reputation. Ideally positioned in a busy retail corridor surrounded by major anchor stores, restaurants, and everyday conveniences, the location benefits from constant foot traffic and excellent visibility. This steady exposure translates into reliable walk-in business and recurring weekly revenue. All equipment and inventory are included in the sale, allowing for a seamless transition and immediate operation from day one. Please note: the existing perc (perchloroethylene) machine must be replaced with a compliant wet-cleaning or hydrocarbon system in accordance with New York environmental regulations. Monthly net is $8000~$10, 000. Expanding into pickup and delivery services, introducing wash-and-fold to increase volume, building partnerships with residential buildings and local businesses, and enhancing digital presence and online marketing are a few ideas to boost an already well-to-do business. A recession-resistant, community-rooted service business with immediate cash flow and clear upside for a motivated buyer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $562 | $562 | $562 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $946 | $985 | $1,306 |
| Total Monthly Payment | $1,583 | $1,622 | $1,943 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.