Price: $220,000
Location: Essex County, New Jersey
Industry: Dry Cleaning
Listing ID: DRCL257
Exciting business opportunity to own this ultra-modern dry-cleaning business in the most affluent community of Essex County, New Jersey. Dry Cleaners is a blend of innovation and service that’s changing the dry-cleaning experience for good. Now is an exciting time to get in on a ground-floor opportunity with this particular business opportunity. Their prices reflect a solid business opportunity for the owner operator. We look forward to hearing from you soon and assisting you in a successful purchase. This is a dependable business opportunity. The business fixed assets has an estimated value of approximately $75,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped commercial dry-cleaning retail business, which includes POS system, displays, shelving, boiler, pressers, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.
Listing Details
Revenue: $275,000
Cash Flow: $80,000
FFE: $75,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Reason For Sale:
The sale is due to the owners’ relocation to an alternative business opportunity out of the immediate area.
Training & Support:
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Operation
Year Established: 2017
Days & Hours of Operation: This successful dry-cleaning business operation is active six days per week, with hours from 7:00 am to 7:00 pm.
Owner Hours Per Week: Full Time
Employees: This dry cleaner has one-part-time employee who is unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll cost is approximately $1200.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 3750
Type of Location: Active commercial Mall
Square Footage: 1675
Relocatable?: Yes
Facilities Information:
This dry cleaner’s is located in a highly active commercial mall with many other successful retail businesses. The business is on a busy four land county road in an affluent community of Essex County New Jersey. The facility, which consists of 1,675 square feet, has an ultra-modern professional appearance with an attractive appearance. The business is in a mid-size commercial mall with various other active and successful businesses.
Summary
Owner Qualifications:
This industry does not require government licensing approval to purchase or operate.
Competition:
No competitors presently exist near the facility and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Potential Growth:
The business is six months new and requires additional time to develop. Also, this is a limited marketing plan, no web site and if improved can further develop the business yearly gross sales.
Financing/Terms:
Owner financing is available.
