Dry Cleaners. Drop shop & store with plant & Property. High Income.

Holmdel, NJ (Monmouth County)

Seller Financing Available
Dry Cleaners. Drop shop & store with plant & Property. High Income.

Asking Price:$495,000

Cash Flow:$257,000

Gross Revenue:$570,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$425,000*

Established:1990

*not included in asking price.

Dry Cleaners. Drop shop & store with plant & Property. High Income.

Get Financing Save Print Share Valuation Report

Business Description

Lots of opportunity with this 2 store dry cleaner package.
Store with plant currently does limited sales. This store is being sold WITH the property.and is a solid investment.
Both stores are in high traffic, high visibility shopping centers on the main highway connecting the surrounding towns.
Great opportunity at a excellent price.
Secure a high income for life.
Sign and send the attached NDA for more information.
brian@elbrokerage.com
T: 917-834-4063
F: 201-568-5401

Attached Documents


Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
5+2 owners
Facilities:
Store 1: 1200 SF DROP STORE in the highest traffic shopping center in this affluent town. 5/5 year lease at $7,800/month with 3% increases. Rent includes Taxes and CAM. Store 2:This 2100 SF store with dry cleaning plant is being sold for assessed value. The property is a commercial condo in a shopping center. Real Estate Taxes are $9,000.00 and CAM $6,000.00 The price asked is for the property and all equipment and business at this store is INCLUDED in the asking price listed as Real Estate.
Competition:
Established over 25 years this business has an established and loyal customer base. Dry Cleaning is done at a second location in the next town over. It is a fully equipped to handle a large volume of dry cle3aning. Both stores are in prime locations.
Growth & Expansion:
These 2 stores can generate much higher sales volume. Currently NO pickup and delivery. The drop store and plant send out shirts. This can be done at the plant location and generate additional income as well as pay for an additional employees to operate the equipment. Perfect are to start pickup & delivery as well s wash & fold service.
Financing:
Limited Seller Financing To Qualified Buyer.
Support & Training:
Owner will transition.
Reason for Selling:
Retiring.

Listing Statistics for Premium Members

Ad#:1281939 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Brian Elkin

Business Listed By:
Brian Elkin

Elkin & Lee Business & Realty Advisors

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Merry Maids

Franchise Opportunity In NJ
Capital Required: $20,000