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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

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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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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:

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

Relevant Links:

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