Acquire A Well-Established Dry Cleaning Business

Somerset County, NJ
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Asking Price:$100,000
Gross Revenue:$350,585
Established Year:2009
Cash Flow:$38,921
Rent:$8,900/Month
BUSINESS DESCRIPTION

Dry Cleaning Business

After 40 successful years in the dry cleaning industry, the current owner is retiring and offering an incredible chance for a new entrepreneur. The plant is located in Somerset, along with a conveniently located drop store, generates combined revenues of nearly $700,000.
Enjoy the benefits of a loyal customer base and a solid reputation built over decades. With established operations, there’s ample room to increase revenue through marketing, services, or adding wholesale accounts. Benefit from the owner’s expertise and guidance during the transition.
Don’t miss your chance to own not just one, but two thriving dry cleaning businesses at a competitive price! Note that the listed price is just for this location only. However, the sales is a package deal for both locations price at $100,000 each.


DETAILED INFORMATION
Location
Somerset County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
4
Competition
There is no competition within 1.4 miles of the business as many of the dry cleaner have closed since COVID.
Growth & Expansion
Can add more drop store accounts or the new owner can purchase additional drop stores in strategic locations and service it from this plant.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retirement
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Sung Yun
Lee
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Sung Yun Lee