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Dry Clean Plant with Drops

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$699,000 $679,000 $242,760

Inventory Value:
$0 (included in the asking price)

Business Summary:
Est. Large state of the art dry clean plant/wholesale with shirt unit loc in strip mall with 4 drops: Morris County. Near major highways. Avg. p/day (450 dry clean pieces/ 900 shirts over counter). Customer base of 500 and adding at lease 5-10 new customers’ p/week. Route consist of 40 buildings. Includes accts. w/ Sheraton, Hilton, and Hampton. Which consist of 4th generation Multimatic perk 75 lbs. with 1k slots conveyor belt. The best equipment that money could buy. Good volume. Endless opp’t. Needs owner/operator to be motivated and driven for success. Breakdown of sales: $7,673 p/wk avg. plant. $5,385 p/wk drop store. Inc 2004 Ford F-150. Other exp: truck. For further information regarding this listing, please contact Jim Hamdan at 908-851-9040 Ext. 210.

 
   
   
Year Business was Established: 2002
   
Number of Employees: 13  
   
Facilities / Terms of Lease: Approximately 2,400 sq. ft., good condition, shirt unit, and conveyor belt, ok slot  
   
Potential Growth/Expansion: Endless opportunity  
   
Competition: Several  
   
Owner willing to finance: $599,000 down with a balance of $100,000 @ prime + 1%  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Has other business interest  
 

 

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