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- RE: Established Dry Cleaners - Affluent Area
- Contact: Kevin Laguardia
Quick Facts
Asking Price: | $272,000 | |
Annual Revenue: | $306,438 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $121,748 | |
Total Debt: | Not Disclosed | |
FF&E: | $265,616 | |
Real Estate: | Not Disclosed | |
Year Established: | 1950 | |
Employees: | 4 | |
BBN Listing #: | 939216 | |
Broker Reference #: | 3401-18227 |
Business Overview:
Great opportunity to own a highly profitable modern dry-cleaning business in an affluent area of Union County, New Jersey. This is a family-owned and operated Dry-Cleaning business.
The business has been in business since 1972 with a wonderful reputation for quality and excellent customer service with fair prices. The Business is well equipped to be able to take on more business by adding pickup and delivery, drop store, and other laundry services.
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Property Features and Assets:
High-traffic area. Plenty of parking. Located in the center of town in a strip mall with many other great stores with major anchor stores to attract business.
Assets - $265,616
Market Competition and Expansion:
Little competition in the area. The Business has been in the community for over 50 years with the same family owning and running the business.
The store is located in the center of town in a strip mall with many other great stores with major anchor stores to attract business.
Plenty of parking and room to grow with pickup and delivery, more marketing, and extended hours of operation will increase revenue.
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
Relevant Links:
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