Dry Cleaner.Great Location.Perfect Husband & Wife Business.

Hudson County, NJ

Dry Cleaner.Great Location.Perfect Husband & Wife Business.
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Asking Price: $300,000

Cash Flow: $110,000

Gross Revenue: $325,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,800 /Month

Established: 2002

Dry Cleaner.Great Location.Perfect Husband & Wife Business.

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Business Description

Neighborhood Organic Dry Cleaner. Surrounded by high-rises, town house & single family residences. Populated by young Higher Income professionals & families with children. Large bedroom community for Manhattan professionals.
Established for over 26 years with ONE owner who is ready to retire.
Sales were in the $500K range.
Tremendous upside as all business is walk-in.
Sign & send the attached NDA for more information.
brian@elbrokerage.com
T: 917-834-4063
F: 201-568-5401

Attached Documents


Detailed Information

Location:
Hudson County, NJ
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2035
Employees:
4+ Owner
Facilities:
2000 SF store in the ONLY strip mall in the neighborhood WITH PARKING.15 Year lease at $4,800/Month with 3% annual increases. $100/Month Real Estate Tax. Newer Hydrocarbon Dry Cleaning machine, Double Buck Sankoshi shirt machine, 50 LB Milnor washer, Cissel dryer,2 X 1,250 FT conveyors, 2 X POS, brand new compressor, security cameras & presses.
Competition:
The only dry cleaner in the immediate area with parking. High visibility with Dunkin Donuts in the strip mall. All retail customers.
Growth & Expansion:
Ready to grow with an owner/operator.An owner/operator can DOUBLE sales and more by adding: Pickup & Delivery service Wash & Fold service
Financing:
Limited Seller Financing available to qualified buyer
Support & Training:
Owner will transition
Reason for Selling:
Retiring
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(from currently available funds)
 
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Brian Elkin

Business Listed By:
Brian Elkin

Elkin & Lee Business & Realty Advisors

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