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Listed by:

Executive Business Brokers

Dryclean Plant Or Best Offer Property Option For Sale

Bergen County, New Jersey, US
Asking Price:
$195,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$451,027
Cash Flow:
$110,166

This is a great opportunity to own a well established Dry Cleaning Plant on a high traffic main road in Bergen County with both commercial and residential areas nearby. The owners have been in business for 29 years, with the last 15 years in the current location. The business is 75% wholesale and 25% retail. The operation is run by the full-time owner and has 14 long term accounts which include laundromats, delivery routes, and dry clean drop stores. The clients consistently pay weekly.

This 6,000 sqft stand-alone facility is fully equipped for volume with well-maintained equipment (valued at $100k) that includes 2 dry clean machines (organic & perc), hot head press, 4 utility presses, a double buck, 3 collar & cuffs, 2 sleevers, boiler, compressor and more. Alterations are outsourced. The sale also includes a Chevy Express 3500 truck.

The owner reduced the client base several years ago for personal reasons. There is an opportunity for an experienced, savvy owner operator to take advantage of the large space, experienced team, and equipment, to expand into the commercial laundry business as well as increase the existing dry cleaning client base.

The motivated seller is planning on partnering with a family member in a new non competing for business and is looking to move quickly. The business is now offered at $195,000 or Best Offer. The property, valued at $625k is also for sale with the price negotiable.

For more details, call Paul Holveck at Executive Business Brokers, .

Property Information

Real Estate:

Real Property Included

Size in square feet:
6,000

Business Operation

Reasons for selling:

Owner entering into a partnership and pursuing another business opportunity

Trading hours:

Mon-Fri: 7am-8pm, Sat: 8am-5pm, Closed Sunday

Employees:
3 PT 6 FT
Years established:
28

Other Information

Support & training:

Owner will provide training & support for up to 2 weeks after closing.

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

TBD

Furniture / Fixtures value:
$130,000 - included in the asking price
Inventory / Stock value:
$1,500 - included in the asking price

Listed by

Executive Business Brokers

Contact Executive Business Brokers

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