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Dry Cleaners

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$147,000 $125,000 $27,060

Furniture and Fixtures Value:
$120,000 (included in the asking price)

Inventory Value:
$400 (included in the asking price)

Real Estate:
$1,200,000 ( not included in the asking price)

Business Summary:
DRY CLEANING PLANT/RETAIL BUSINESS WITH OR WITHOUT PROPERTY WITH ROOM FOR EXPANSION. Great opportunity to own a long established Independent Dry Cleaning Plant and Retail operation located in Hudson County surrounded by plenty of residential and businesses. Consists of 2,500 sq. ft. with parking in back for 20 cars and a full basement. Includes a Union Dry Cleaning machine, shirt machine, presser, commercial washer and dryer, conveyor system and more, equipment has been upgraded over the years. This Dry Cleaners is extremely convenient to the many long term local customers that live and work in this growing area. Regular clientele love their quality of their work. The business has been run absentee by the same owner in the same location for over 20 years and is a wonderful profitable business for an owner/operator or you can run it as the current owner has – absentee. Sales have been solely relied on by drive-by traffic; there is no advertising, no website and no effort. All upside potential. There are few competitors around the area but there are enough demands for all businesses to do business. Owner owns property and will offer long lease or building can be purchased along with the business. Start making money from day one. This is an excellent opportunity to own a profitable business with well maintained machinery, experienced, sincere and honest employees in place. If family owned it will make much more money. If property is purchased rental income from two stores and four apartments and parking space rentals can be added to bottom line. For further information please contact Vito Mastromonaco or Gene Reilly at 908-851-9040 Ext. 285 or Ext. 293.

 
   
   
Year Business was Established: 1991
   
Number of Employees: 2PT/1FT  
   
Facilities / Terms of Lease: Dry Cleaning Plant and Retail store in Hudson County 2,500 sq. ft. with parking for 20 cars, and full basement favorable lease or willing to also sell the property if interested, includes another store and apartments above and room for expansion. Real Estate asking price is $1,200,000. Business has been run absentee.  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: 2-4 weeks training  
   
Reason for selling: Owns other businesses  
 

 

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