Dry cleaners( Solid retail)

Fairview, NJ (Bergen County)

Seller Financing Available
Dry cleaners( Solid retail)
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Asking Price: $580,000

Cash Flow: $220,000

Gross Revenue: $645,100

EBITDA: $245,900

FF&E: N/A

Inventory: $4,500*

Established: 1996

*not included in asking price.

Dry cleaners( Solid retail)

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Business Description

Steady high income. Prime location. New 750 units of building within 2 blocks coming soon. Very low rent as $5000 for the 2700sf with full basement and Full plant with all equipment, great lease. New boiler 20lb.
New Organic 50lb dry cleaning machine. Ready for the whole sale if wanted.
Owner will show all the numbers easily to prove the pure net income($220,000 plus) after the price is agreed. Ready to teach for the new buyer without experience.
Showing possible after 5 PM, and needs the signing of NDF first.

Please text broker Leo: 201 328 4324. or email brokerleo@hotmail.com

Detailed Information

Location:
Fairview, NJ
Inventory:
Not included in asking price
Employees:
4ft.4pt.
Facilities:
Free standing building, Front parking 8 cars. Heavy traffic all day. Nice neighbor with dense population. 2000sf plus space for the extra working space, high ceiling. Good ventilation for the workers.
Competition:
May increase quite more sales if added, drop off or wholesale service. Big room to grow, a couple of blocks away, large condominium is being built now.
Growth & Expansion:
750 units is under construction cross the street will bring a lot of clients soon. Internet marketing for the younger generation will boost the sales.
Financing:
some possible if qualified.
Support & Training:
The owner will support all the needs for the buyer to take over smoothly.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Leo Yeo

Business Listed By:
Leo

NYNJ Business,LLC.

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