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- RE: Acquire A Well-Established Dry Cleaning Business
- Contact: Sung Yun
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $350,585 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $38,921 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 4 | |
BBN Listing #: | 978800 | |
Broker Reference #: | 60365-608898 |
Business Overview:
After 40 successful years in the dry cleaning industry, the current owner is retiring and offering an incredible chance for a new entrepreneur. The plant is located in Somerset, along with a conveniently located drop store, generates combined revenues of nearly $700,000.
Enjoy the benefits of a loyal customer base and a solid reputation built over decades. With established operations, there’s ample room to increase revenue through marketing, services, or adding wholesale accounts. Benefit from the owner’s expertise and guidance during the transition.
Don’t miss your chance to own not just one, but two thriving dry cleaning businesses at a competitive price! Note that the listed price is just for this location only. However, the sales is a package deal for both locations price at $100,000 each.
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Property Features and Assets:
Monthly Rent: $8,900.00
Square Units (Foot, Meter): 2,000
Market Competition and Expansion:
Competition:
There is no competition within 1.4 miles of the business as many of the dry cleaner have closed since COVID.
Expansion:
Can add more drop store accounts or the new owner can purchase additional drop stores in strategic locations and service it from this plant.
Reason for Selling:
RetirementAdditional 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
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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