Dry Cleaner with 50+ years history

Irvington, NJ
Essex County

Very busy commercial district


Asking Price: Annual Revenue:
$900,000 $350,000

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner with 50+ years history Broker: Sang Kim

Quick Facts

Asking Price: $900,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $600,000
Year Established: 1960
Employees: 4
BBN Listing #: 231262715
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This is a dry cleaner with all equipment on site with full property ownership included. Avg yearly sales before the pandemic was $400K. I am willing to train you for a month if you have never run a dry cleaner before.

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Property Features and Assets:

The business is on a busy commercial/residential area with plenty of traffic. The building is fully equipped with modern dry cleaning machine valued at $48,000 alone. The parking lot is big enough for over 18 cars to park. You could even extend the building if you don't need all that parking space.

Market Competition and Expansion:

Many competitors in the vicinity have closed down for good due to covid as well as economic downturn. Our revenues have been improving due to lack of competition in the area.

Reason for Selling:

Retiring

Additional Details:

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

Relevant Links:

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