Established Dry Cleaners - Affluent Area
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $272,000 |
$306,438 |
$121,748 |
Furniture and Fixtures Value:
$265,616 (included in the asking price)
Inventory Value:
$2,100 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Great opportunity to own a highly profitable modern dry-cleaning business in an affluent area of Union County, New Jersey. This is a family-owned and operated Dry-Cleaning business. The business has been in business since 1972 with a wonderful reputation for quality and excellent customer service with fair prices. The Business is well equipped to be able to take on more business by adding pickup and delivery, drop store, and other laundry services.
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| Year
Business was Established: 1950 |
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| Number of Employees:
2 FT/2 PT |
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| Facilities / Terms of Lease:
High-traffic area. Plenty of parking. Located in the center of town in a strip mall with many other great stores with major anchor stores to attract business. |
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| Potential
Growth/Expansion:
The store is located in the center of town in a strip mall with many other great stores with major anchor stores to attract business.
Plenty of parking and room to grow with pickup and delivery, more marketing, and extended hours of operation will increase revenue. |
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| Competition:
Little competition in the area. The Business has been in the community for over 50 years with the same family owning and running the business. |
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| Owner
willing to finance:
$244,800 down/$27,200 over 36 mos. @ 8%. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owner Retiring. |
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| REQUEST MORE INFO |
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