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  • RE:  Dry Cleaner With Tremendous Upside Potential
  • Contact:  Sung Yun

Quick Facts

Asking Price: $150,000
Annual Revenue: $147,694
Net Profit: Not Disclosed
Cash Flow: $58,959
Total Debt: Not Disclosed
FF&E: $167,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 948153
Broker Reference #: 60365-488511

Email or Print Listing

Business Overview:

A well-established Dry cleaner of 40 years, with great reputation in Montgomery, NJ! Located in a high traffic shopping center with a major grocery chain anchor, this location is a great opportunity for someone seeking upside potential with a low investment. Currently the location is operated by a senior couple who are ready to retire and pass the baton on to a new owner who can maximize its potential. With 2,500 square feet of space and already equipped with machinery to handle 2-3 times current volume, the new operator can build relationships with drop stores in the area for wholesale accounts.
Just minutes away from Princeton, Montgomery township is experiencing rapid growth with numerous multi-family and commercial developments. Currently there are two multi-family construction developments in progress, as well as new retail space being built right next to the shopping center. With great service, improved hours of operation, proper marketing and staffing, this location can experience a significant upside in revenue and profitability.

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Reason for Selling:

retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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