Dry Cleaning Plant for Sale

Iselin, NJ (Middlesex County)

Interior of store toward press machines
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Asking Price: $100,000

Cash Flow: $60,000

Gross Revenue: $130,000

EBITDA: $70,000

FF&E: $25,000

Inventory: $10,000*

Rent: $3,200 /Month

Established: 2000

*not included in asking price.

Dry Cleaning Plant for Sale

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Business Description

Established Dry Cleaniing Plant with Solid Customer Base

Conveniently located in major residential and commercial area. Less than 5 minutes to major arteries like Parkway, Turnpike, Route 1 & 9 and Metro Park station. 1,100 square feet floor space. Ample free parking space right by the strip mall. $3,200 rent includes every thing except utility bills.

Equiped with a complete set of dry cleaning equipment. Currently using perc machine. To be replaced by organic machine soon.

Established in 2000, solid customer base. Several Cleaners around this area closed in 2018 leaving this place as the only dry cleaners in town. No competition at all.. New customers are coming every day.

Great potential for growth. Top quality pressor working. Plenty of alteration and repair work. Good for young business person who embarks on dry cleaning business in town. Also good for established cleaners who are seeking expansion of business. Free Intensive business training for one month.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
4/1/2024
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bowe Permac Dry cleaning Machine. 2 press machines, Suji, Pats Topper, 2 washing machines, Columbia 15 hp Boiler, Vaccum and compressor, Water Cooler, 1000 slot Conveyer, Point of Sales computer System, sewing machines etc.
Competition:
Situated in an active young residential, commercial community. Lot of apartments, town houses, houses, commercial buildings around the store. Virtually no competition as several competitive cleaners shut down their businesses in 2018.
Growth & Expansion:
Great potential for growth
Support & Training:
Free one month Intensive Basic training for spotting, cleaning, wet clean, pressing, POS computer system.
Reason for Selling:
Retirement
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Business Listed By:
Albert Chandlers

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