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Too Busy Dry Cleaning Plant

Middlesex, New Jersey

Asking Price: Gross: Cash Flow:
$175,000 $375,000 $147,725

Furniture and Fixtures Value:
$80,000 (included in the asking price)

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

Business Summary:
Turnkey Dry Cleaning Plant, full of new equipment just purchased. Brand new 60K unipress state of the art shirt machine, large Colombia boiler. Does shirt pick up from 5 accounts, shirt charges 1.10 per shirt. Has van in constant use over 150,000 miles in less than 5 years. Cleaning, pressing, and constantly busy.

 
   
   
Year Business was Established: 12
   
Number of Employees: 8  
   
Facilities / Terms of Lease: Parking front and back 30 spaces. 2,000sq. ft updated facilities, fully equipped. Good lease goes up 2% yearly  
   
Potential Growth/Expansion: Pick-up and delivery on certain operations conducted in business now will add to bottom line.  
   
Competition: Opportunity here is be merged with monthly operations and capitalize on shirt cleaning side of business.  
   
Owner willing to finance: Owner would sell with owner financing of 75,000  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Brothers wish to get into other business  
 

 

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