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Listed by:

Regal Consulting Corp.

Affluent Eco-dry Cleaners Business In New Jersey For Sale

Toms River, New Jersey, US
Asking Price:
$149,900 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$270,000
Cash Flow:
$65,000

Excellent business opportunity: The owner is retiring after thirty years of success with this profitable, eco-friendly hydrocarbon dry cleaner located in an active commercial mall in an affluent community in Ocean County, New Jersey.

This business opportunity maintains a consistent gross yearly income of $270,000 and a dependable yearly net income. The business consists of an environmentally friendly dry cleaner, and the sale includes a fully equipped modern facility with up-to-date equipment.

For decades, customers and dry cleaners had no real choice but to clean clothes in harsh, petrochemical solvents with known health and environmental risks.

Today, with improved equipment and softer chemicals, dry cleaners offer an improved service to their customers. This is a dependable business opportunity. Call for additional information.

Property Information

Real Estate:

Lease

Lease Terms:

The sales include an assignable commercial lease which expires August 1, 2024, plus additional options, with a monthly rent of $2,750, cost per square foot is $23.92 and rent security $6,000.

Leasehold Rent:

$2,800 per annum

Lease Rent:
$25 per sq ft per annum
Location:

This highly successful retail facility consists of 1,690 square feet with a professional modern physical appearance. The business is in a mid-size commercial mall with various other active and successful businesses. The business has a private entrance and highly visible signage. This business opportunity is located in Central New Jersey, Ocean County on an active county road conveniently located close to various state highways. The general area consists of various highly populated communities with continued demand for this highly active personal service.

Size in square feet:
1,690

Business Operation

Expansion Potential:

The business can be further developed with a web site, delivery service and an improved marketing plan.

Competition / Market:

To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long-term non-compete agreement to the purchaser.

Reasons for selling:

The owner is retiring after many successful and profitable years in this service industry.

Trading hours:

The business is active six days per week, with hours from 7:30 am to 7:00 pm.

Employees:
This business presently has four employees who are unaware of the pending sale and fully expected to remain post-closing and monthly payroll is approximately $4,300.
Years established:
1995

Other Information

Support & training:

The owner will remain post-closing in order to supply an appropriate transitional training period to the new operator.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

seller financing may be available to a qualified buyer.

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price