Clean up with this well established Dry Cleaning Plant

Ocean County, NJ

Seller Financing Available
Clean up with this well established Dry Cleaning Plant

Asking Price:$55,000

Cash Flow:$21,860

Gross Revenue:$59,000

EBITDA:N/A

FF&E:$30,000

Inventory:$5,000

Established:38

Clean up with this well established Dry Cleaning Plant

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Business Description

Successful Dry Cleaner & plant business located in an affluent community of Ocean County, New Jersey and in an active strip mall. The company offers same-day service and the experience to meet their customers’ specific needs.
Presently family-operated business and that has been established for over 38 years, present owner 15 years. They provide proven results on all cleaning services, and they make rush orders a high priority. This cleaner has numerous high-quality services at affordable prices. Their customers can drop off their items and rest assured that their professional staff will clean all items in a timely fashion.
The business assets have an estimated value of $30,000 and consist of a fully equipped commercial retail plant, which includes almost new Ipura Dry Clean machine, Fulton boiler, one washer, 2 conveyors one with 1,000 slots and one with 300 slots and including all the necessary equipment to maintain the day to day business operation. There have been no marketing/advertising efforts in recent years. The business was doing over $100,000 several years ago. Needs a progressive marketing plan that will reach out to the community events, school projects and hotels. This is a turn-key opportunity to be in business with an established customer base and great additional growth potential.
The business is located in an active commercial mall, which consists of 1,400 square feet. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active six days per week, with hours from 8:30 am to 6:00 pm. The business needs to be open at 7:00 am.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Priced to sell--Well established (over 38 years) Dry Cleaner Plant & Tailoring Business consisting of over 1,400 sq ft. located in Ocean County in a Shopping Center on a major road with plenty of customer parking. They provide dry cleaning services with comprehensive coverage for; all types of clothing, laundered shirts and offer custom alterations, tailoring.
Competition:
They have done no advertising or marketing in 8 years
Growth & Expansion:
Great for drop store owner to have own plant or family looking to get into the Dry Cleaning business
Financing:
Prime + 2% for 1 year
Support & Training:
2 weeks training
Reason for Selling:
Looking to retire

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GENE REILLY

Business Listed By:
GENE REILLY

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