Business For Sale

Profitable Drop Store

Not Disclosed, NJ
Somerset County


Asking Price: Annual Revenue:
$132,000 $208,500

Services: Dry Cleaning & Laundry


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RE: Profitable Drop Store Broker: Seth Kain

Quick Facts

Asking Price: $132,000
Annual Revenue: $208,500
Net Profit: Not Disclosed
Cash Flow: $63,521
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 15
Employees: Not Disclosed
BBN Listing #: 48862979
Broker Reference #: 5807SK

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Business Overview:

Beautifully renovated drop store in a high traffic area of an affluent town. Plenty of strip mall parking. Owner has steadily increased his sales volume while lowering his overhead the past couple of years. Perfect for a husband/wife team or a plant owner looking to increase his routes. All conveyors, furniture, & fixtures valued @ $10,000 & Inventory of $4,500 included in sale. Payroll figure adjusted for owner-operator. Owner recently negotiated a new (3) year lease with one (3) year option. Landlord is willing to provide a similar lease situation. Contact Seth Kain for additional details and showing.

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Property Features and Assets:

1,440 square feet located in a strip mall with plenty of free parking. All conveyors, furniture, and fixtures are in excellent condition. The building itself is in wonderful shape and the store has been nicely renovated since the new owner took over 13 years ago.

Market Competition and Expansion:

A new owner who presently owns a plant and also possible drop store and can buy this store to increase misroutes. If purchased by a husband and wife team, they could increase their customer base by advertising and promotion. A new owner can do the exact same thing. Both could even do this (who owns a plant) in some neighboring towns. There's a minimal, and there are only a couple of other dry cleaners within a several mile radius.

Reason for Selling:

Owner plans to retire soon

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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