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Listed by:

Regal Consulting Corp.

Modern Dry Cleaners In Essex County For Sale

Essex County, New Jersey, US
Asking Price:
$220,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$275,000
Cash Flow:
$80,000

Exciting business opportunity to own this ultra-modern dry-cleaning business in the most affluent community of Essex County, New Jersey. Dry Cleaners is a blend of innovation and service that's changing the dry-cleaning experience for good.

Now is an exciting time to get in on a ground-floor opportunity with this particular business opportunity. Their prices reflect a solid business opportunity for the owner-operators. We look forward to hearing from you soon and assisting you in a successful purchase.

This is a dependable business opportunity. The business fixed assets have an estimated value of approximately $75,000, which is based on equipment and licensing replacement costs. The sale consists of a fully equipped commercial dry-cleaning retail business, which includes a POS system, displays, shelving, boiler, pressers, tables, computers, software, including all the necessary equipment to maintain the day-to-day business operation. A list of assets will be supplied to the purchaser upon request.

Property Information

Real Estate:

Lease

Lease Terms:

The business has an assignable commercial lease which expires 2027-01-01 plus additional options, with a monthly rent of $3,700, cost per square foot is estimated at
$28.76 and rent security of approximately $6,000.

Leasehold Rent:

$45,000 per annum

Lease Rent:
$29 per sq ft per annum
Location:

This dry cleaner’s is located in a highly active commercial mall with many other successful retail businesses. The business is on a busy four land county road in an affluent community of Essex County New Jersey. The facility, which consists of 1,675 square feet, has an ultra-modern professional appearance with an attractive appearance. The business is in a mid-size commercial mall with various other active and successful businesses.

Size in square feet:
1,650

Business Operation

Expansion Potential:

The business is six months new and requires additional time to develop. Also, this is a limited marketing plan, no web site and if improved can further develop the business yearly gross sales.

Competition / Market:

No competitors presently exist near the facility and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reasons for selling:

The sale is due to the owners’ relocation to an alternative business opportunity out of the immediate area.

Employees:
This dry cleaner has one-part-time employee who is unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll cost is approximately $1200.
Years established:
2015

Other Information

Support & training:

This successful dry-cleaning business operation is active six days per week, with hours from 7:00 am to 7:00 pm.

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

Owner financing is available.

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