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Established Dry Cleaners - Affluent Area For Sale

Union County, New Jersey, US
Asking Price:
$272,000 Furniture / Fixtures included
Sales Revenue:
$306,438
Cash Flow:
$121,748

Great opportunity to own a highly profitable modern dry-cleaning business in an affluent area of Union County, New Jersey. This is a family-owned and operated Dry-Cleaning business.

The business has been in business since 1972 with a wonderful reputation for quality and excellent customer service with fair prices. The Business is well equipped to be able to take on more business by adding pickup and delivery, drop store, and other laundry services.

Property Information

Real Estate:

Lease

Premises Details:

High-traffic area. Plenty of parking. Located in the center of town in a strip mall with many other great stores with major anchor stores to attract business.

Business Operation

Expansion Potential:

The store is located in the center of town in a strip mall with many other great stores with major anchor stores to attract business.

Plenty of parking and room to grow with pickup and delivery, more marketing, and extended hours of operation will increase revenue.

Competition / Market:

Little competition in the area. The Business has been in the community for over 50 years with the same family owning and running the business.

Reasons for selling:

Owner Retiring.

Trading hours:

Tues/Th-Fri 9am-4pm; Wed 8-5; Sat 8am-3pm

Employees:
2 FT/2 PT
Years established:
74

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

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

$244,800 down/$27,200 over 36 mos. @ 8%.

Furniture / Fixtures value:
$265,616 - included in the asking price
Inventory / Stock value:
$2,100
Relocatable:
This business can be relocated.