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DRY CLEANER NETS $156,622
RIDGEWOOD, NJ
BERGEN County
Highly active commercial Avenue
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| Asking Price: | Annual Revenue: |
| $565,000 | $655,814 |
Services: Dry Cleaning & Laundry
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RE: DRY CLEANER NETS $156,622
Contact: Ron Cervelli
Owner Financing is Available!
Seller & SBA bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.
Quick Facts
| Asking Price: | $565,000 | |
| Annual Revenue: | $655,814 | |
| Net Profit: | $156 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 8 | |
| BBN Listing #: | 54423909 | |
| Broker Reference #: | DRCL248 |
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Business Overview:
Owner now retiring for this long standing highly profitable Dry Cleaners in an affluent area of Northern New Jersey, Bergen County with a 2022 gross income of $655,814 and a $156,622 net yearly income to the owner operator. The owner is now retiring and will supply a full training period. This profitable Cleaners has provided the residents and surrounding towns with fast, affordable, and flexible dry cleaning and garment pressing services. The company offers an ECO-FRIENDLY system of cleaning services with a full delivery system. With a strong commitment to quality, their employees, and innovations within the industry stands at the forefront of the dry-cleaning industry with Green Solutions for every cleaning need. The company invested in green technologies and innovations that have low environmental impact. They are a family-owned business built on providing excellent personalized service, constant oversight, and a hands-on approach. Their knowledge of cleaning solutions for every fabric and stain removal ensures our customers receive the highest quality service in central NJ. This is a dependable safe business opportunity and based on the price, yearly net income, this business expects to supply a consistent return on investment to the owner operator.
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Property Features and Assets:
This business opportunity is in north central New Jersey, Bergen County on a highly active county road. This business facility consists of 2,200 square feet with a modern and professional appearance with a capacity of ten customers. The business is on a commercial avenue conveniently located for its various customers.
Market Competition and Expansion:
Regarding growth and expansion; this retail service company can be further developed by improving the marketing system in order to increase their delivery system. Also, two competitors closed during the pandemic.
Reason for Selling:
Owner retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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