Dry Cleaner Plant/Drop in High Traffic Strip Mall!

Morris County, NJ

Dry Cleaner Plant/Drop in High Traffic Strip Mall!
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Asking Price: Get Financing: $140,000

Cash Flow: $71,502

Gross Revenue: $170,000

EBITDA: N/A

FF&E: $100,000

Inventory: $3,500

Established: 1986

Dry Cleaner Plant/Drop in High Traffic Strip Mall!

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Business Description

Organic Dry Cleaning Plant/Drop Store in a high-traffic strip mall off a busy thoroughfare. SALES: 70% Retail (incl. 5 home deliveries) & 30% Wholesale. Store has a 5 star rating on Google saying the staff is very courteous & the service is wonderful. Run by a husband/wife team. Female owner has a health issue prompting the sale. FURNITURE, FIXTURES, & EQUIPMENT valued at $100,000 along with a Ford Econoline van are included in sale. All equipment is in very good condition. Hydrocarbon dry cleaning machine is only 3 years old. New qualified tenant should get a long term lease thru the landlord. Contact Seth Kain@ 201-317- 4710 for additional details & showing.

Detailed Information

Inventory:
Included in asking price
Employees:
2 P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approximately 3,000 square feet. All Furniture, Fixtures, Equipment, and a van are in very good condition and are included in sale. The hydrocarbon dry cleaning machine is only 3 years old and runs great. Plenty of strip mall parking. Owners have 4 years left on their 5 year lease with one (5) year option.
Competition:
There aren’t any plants within a couple of miles of this plant/drop store. There’s one drop store directly across the highway with a divider in the middle of it.
Growth & Expansion:
A new owner should expand the wholesale business as they would have the capacity to do so. Some local voucher advertising would be a plus.
Support & Training:
The owners will provide at least two weeks training to a new Buyer at no cost.
Reason for Selling:
The female Seller has a health issue and her husband prefers to not run it by hi
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(from currently available funds)
 
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Seth Kain

Business Listed By:
Seth Kain

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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