Multi Account Dry Clean Plant W Seller Financing

Garfield, NJ
Bergen County


Asking Price: Annual Revenue:
$295,000 $451,027

Services: Dry Cleaning & Laundry


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RE: Multi Account Dry Clean Plant W Seller Financing Broker: Paul Holveck

Quick Facts

Asking Price: $295,000
Annual Revenue: $451,027
Net Profit: $110,166
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 28
Employees: 9
BBN Listing #: 55332979
Broker Reference #: 6321ph

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Business Overview:

This is a great opportunity to own a well established Dry Cleaning Plant on a high traffic main road in Bergen County with both commercial and residential areas nearby. The owners have been in business for 28 years, with the last 14 years in the current location. The business is 75% wholesale and 25% retail. The operation is run by the full time owner and has 16 long term accounts which include laundromats, delivery routes and dry clean drop stores. The clients consistently pay weekly.

This 6,000 square feet stand alone facility is fully equipped for volume with well maintained equipment (valued at $130,000) that includes 2 dry clean machines (organic & perc), hot head press, 4 utility presses, a double buck, 3 collar & cuffs, 2 sleevers, boiler, compressor and more. Alterations are outsourced. The sale also includes a Chevy Express 3500 truck.

The owner reduced the client base several years ago for personal reasons. As a result there is tremendous upside potential for an experienced, savvy owner operator to take advantage of the large space, experienced team, and equipment to double the existing client base. The seller also owns the property, valued $620,000, and is willing to sell the property or provide a long term gross lease at $5,000/month.

Motivated seller is planning on pursuing a new business opportunity. The business is now offered at $295,000 with a down payment of $225,000 and the seller will finance the $70,000 balance, terms negotiable.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Owner entering into a partnership and pursuing other ideas.

Additional Details:

  • The property is owned.
  • The owner is not 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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