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Dry Cleaners In New Jersey For Sale

Middlesex County, New Jersey, US
Asking Price:
$525,000 Inventory / Stock included
Sales Revenue:
$631,000
Cash Flow:
$200,000

A drive through dry cleaners with laundromat attached is located in Middlesex County, New Jersey and is now listed for sale. This is a well-established, 30-year-old business that has a wide frontage on a major road in the county with bus access to New York and back stopping at the street corner. Customers can either drive up to the window to drop off and pick up dry cleaning and wash and fold laundromat business or, since there is ample off-street parking, they can come in to pay or to discuss a particular garment. The dry cleaner provides same-day pick-up and delivery to twenty-two commercial accounts in addition to its retail business and the coin operated laundromat services the residential community. The business is highly profitable, and some institutional financing is likely. The commercial business accounts for more than half the combined volume and check and credit card account for more two-thirds of the payments. There is so much room to grow. The business is incredibly convenient as is but despite its years much more can be done in both sectors. It has never advertised its laundromat (or dry cleaning) business in any form in its 30 years.Do that to promote its drive-through service, add pick-up and delivery to area residents and offer Sunday hours to build that end of the business. The company has the reputation and the facility to expand its commercial dry-cleaning business to like accounts. Ground has also broken across the street for significant new housing that will undoubtedly add to its dry-cleaning business. The property is available as an option. The owners are burned out and are looking to retire.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33662 for instant access to this business information.

Business Operation

Reasons for selling:

Owner Retirement

Employees:
6FT/3PT
Years established:
1990

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$65,000
Inventory / Stock value:
$3,000 - included in the asking price

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