Dry Cleaning

Not Disclosed, NJ
Union County

Highly active commercial Mall


Asking Price: Annual Revenue:
$250,000 $400,000

Services: Dry Cleaning & Laundry


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RE: Dry Cleaning Broker: Customer Service
Owner Financing is Available!
Owner financing.

Quick Facts

Asking Price: $250,000
Annual Revenue: $400,000
Net Profit: $100,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 85603909
Broker Reference #: drcl243

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Business Overview:

DRY CLEANING. Wonderful opportunity to own a highly profitable modern dry-cleaning businesses in affluent area of Northern New Jersey in the county of Union. This has been a well-known family owned and operated modern Dry-Cleaning business. The dry cleaners have been in business since 1977 with a wonderful reputation for quality service and excellent fair prices. The business had an annual gross income of $590,000 for 2019 and a net income of $164,000. The owner is semi retiring to Florida after many years and will supply a smooth transitional period to the purchaser. The 2019 yearly gross income represented by the seller owner is $500,000 and the business has a yearly net income of approximately $164,000 based on an onsite owner operator and prior to any debt service. The 2022 gross income is projected at $400,000, and a formal due diligence is recommended by the purchaser.

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Property Features and Assets:

The facilities consist of 1,700 square feet in an attractive commercial setting with private parking as part of the lease agreement. The plant facility is fully modernized with updated equipment to conduct it services and an attractive walk-up counter for convenient service. This business is located in an upscale area of Union County, New Jersey on an active commercial avenue and county road close to various state highways. The cleaners have an excellent location close to various communities with a continued need for these services.

Market Competition and Expansion:

There are no similar dry cleaners in the immediate area and the general area has limited dry cleaner competitors, seller has agreed to supply an appropriate non-compete agreement to the new operator.

Reason for Selling:

Owner retiring.

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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