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- RE: Golden Opportunity - Dry Cleaning Drop Store
- Contact: Sung Yun
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $346,612 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $252,372 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 1 | |
BBN Listing #: | 978795 | |
Broker Reference #: | 60365-971020 |
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. This location is a drop store in Randolf and comes as a package with plant in Somerset, with a 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 sale is a package deal for both locations price at $100,000 each.
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Property Features and Assets:
Monthly Rent: $3,800.00
Square Units (Foot, Meter): 1,750
Facilities:There is additional storage space of 400sqft in the basement.
Market Competition and Expansion:
Competition:
Three of the drop stores in the area closed down after COVID. The only other competition is Express Cleaners on Route 10.
Expansion:
Can add same day and rush services to add to sales. Improvements can be made with customer service.
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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