Well-established Dry Cleaning Plant in High Traffic Area
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $349,000 |
$453,750 |
$191,250 |
Furniture and Fixtures Value:
$175,000 (included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Business Summary:
State-of-the-art Dry cleaning Plant in a high traffic strip mall on a heavily- traveled thoroughfare. 60% Retail & 40% Wholesale. Furniture, Fixtures, & Equipment valued at $175K minimum. Dry CLEANING MACHINE was purchased for $72K around a year ago; some other equipment includes a 50 lbs. "laundry" washing machine, 2 manual presses, large dryer, boiler, alteration machine, 3 shirt machines, & a counter computer. A good portion of the equipment is less than 2 years old, & is in excellent condition. OTHER EXPENSES: Lease payment $13,192, Auto Expense $3,845, Office Supplies $2,481, Bank Charges, $852, & Permits & Fees $275 = $20,645. Landlord will offer a long term lease. STRICTLY CONFIDENTIAL! Please feel free to contact Seth Kain of Executive Business Brokers at 908-851-9040 ext 287
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| Year
Business was Established: 2003 |
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| Number of Employees:
2ft 8pt |
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| Facilities / Terms of Lease:
3,000 square feet. Basement for all strip mall tenants. All Furniture, Fixtures, and Equipment valued at $175,000 minimum are included in sale. A good portion of the equipment and especially the higher end equipment are between 1 and 2 years old. All equipment is in excellent condition. Landlord will offer a long term lease with 1 or more options. |
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| Potential
Growth/Expansion:
A new owner should do advertising and promotion to enhance gross sales and profits. Local voucher advertising should be beneficial to a new owner. |
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| Competition:
There’s some area competition on the retail end. But, there’s minimal area competition on the wholesale end. |
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| Owner
willing to train:
At least two weeks |
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| Reason for selling:
Owners are locating out of the country. |
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| REQUEST MORE INFO |
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