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Cleaners/ Plant Commercial Area

Union County , New Jersey

Asking Price: Gross: Cash Flow:
$195,000 $195,000 $111,589

Furniture and Fixtures Value:
$70,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Business Summary:
Well-known local cleaners on a commercial center in Roselle Park, shared parking lot for 12 at rear of building. Overall expenses are very low 34,119 Rent (2,843 monthly) includes taxes and Cam. Owner’s take can be increased by assuming some of part timer’s work. Recently purchased UNISEC general hydro- Carbon Machine (Latest in cleaner’s operational machines) Store always has patrons. Garment alterations are 20% of overall business. All stores in area seem to prosper. Presently operated by husband and wife.

 
   
   
Year Business was Established: 1986
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 1,640 sq.ft. with latest of equipment Recently purchased UNISEC general hydro- Carbon Machine. 12 car parking plus street. Neatly located in area top commercial center. Very safe area lease can be extended to new buyer.  
   
Potential Growth/Expansion: As with all businesses advertising/promotions to bring in customers from other area to this very safe locality.  
   
Competition: In this community the area of location determines competition- this is the cleaners in this area.  
   
Owner willing to finance: Owner would accept $65,000 in financing with interest rate & term negotiable  
   
Owner willing to train: 2 weeks  
 

 

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