Established Dry Cleaning Business for Sale in Shopping Center

Featured on BizBuySell.com . 4 viewed

Asking Price

$450,000

FOR SALE - ACTIVE

Detailed Information

Location

Union County, NJ

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

Established dry cleaning business for sale in a great shopping center, offering a turnkey operation with top-of-the-line equipment including a Multimatic dry cleaning machine and various other tools. The business has shown a significant rebound in revenue and customer base due to recent competitor closures, with a solid gross income of $475,000 and owner's cash flow around $170,000 in the last year. There is a 10-year lease in place with monthly rent of $8,300, making it an attractive opportunity for those familiar with the industry looking to expand by setting up additional drop store locations. The business is ideal for experienced individuals in the dry cleaning sector, with potential for multiple drop store ventures using the main plant facility. Seller financing is an option for qualified buyers with industry experience and available funds. The current inventory includes a range of equipment needed for operations, and a separate drop store is available for an additional fee if desired by the buyer. Interested parties are encouraged to contact the broker for more

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Listed By:

Name : Vested Business Brokers, Ltd

Phone Number : Show Phone number

Vested Business Brokers, Ltd typically replies in about 7 minutes

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