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Dry Cleaners Drop Spot

Somerset County, New Jersey

Asking Price: Gross: Cash Flow:
$84,900 $139,555 $52,185

Furniture and Fixtures Value:
$15,000 (included in the asking price)

Inventory Value:
$100 (included in the asking price)

Business Summary:
17 year old drop spot in a high traffic area. Plenty of Strip Mall parking. A Wawa gas station will be coming into the area within 1 year. Franchise store (possibly Starbucks) will be moving into the same strip mall. Minimal area competition. Furniture, Fixtures, & Equipment $15,000 included in the sale. Owner relocating out of the area. Landlord will give long term lease & options. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or 201-317-4710.

 
   
   
Year Business was Established: 1996
   
Facilities / Terms of Lease: 1,210 sq. ft. $15,000 of furniture, fixtures, and equipment is included. Plenty of strip mall parking. 4 years left on existing 5 year lease. Landlord will offer long term lease along with options to qualified buyers.  
   
Potential Growth/Expansion: Wawa gas station will be coming into the area within one year. A franchise store will be moving into the same strip mall as the drop spot. New owner can increase sales with advertising and promotion.  
   
Competition: No direct competition in the real immediate area  
   
Owner willing to finance: Owner prefers all cash but will consider financing with at least 80% down  
   
Owner willing to train: Up to two weeks  
   
Reason for selling: Owner is moving out of the area  
 

 

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