Established Neighborhood Dry Cleaner. Perfect For Owner/Operator.
Bergen County, NJ
| Asking Price: | $225,000 |
| Gross Revenue: | $250,000 |
| Rent: | $2,900/Month |
| Cash Flow: | $113,000 |
| Inventory: | $10,000 |
| Established Year: | 2000 |
Listing ID: 1986931Listing provided by BizBuySell
BUSINESS DESCRIPTION
In business for over 20 years. Solid repeat customer base. Fully equipped with hydrocarbon 60 LB dry cleaning machine, single buck shirt machine, 60 LB dryer and 45 LB washer, 2 presses, Fulton 10 HP boiler.
Store sales have recovered and are above pre-covid sales.
Currently 2 wholesale laundered shirts accounts
Sign & send the attached NDA for more information.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/12/2033
Employees
3
Facilities
1600 SF store with full basement. High visibility main street location with parking.
Fully equipped with hydrocarbon dry cleaning machine.
Rent is $2,900/Month with 3% annual increases. Real estate Taxes $1,200/YEAR.
Competition
Many dry cleaners in the neighborhood have closed. Limited competition.
Growth & Expansion
This town has experienced strong growth of young professional families moving into the area.
Store does NO social media platforms and advertising.
Financing
Limited seller financing to qualified buyer.
Support & Training
Owner will transition.
Reason for Selling
Moving out-of-state
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