Successful Dry Cleaner

Passaic County, NJ

Successful Dry Cleaner
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Asking Price: Get Financing: $150,000

Cash Flow: $76,000

Gross Revenue: $173,000

EBITDA: $76,000

FF&E: $10,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1987

Successful Dry Cleaner

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Business Description

This well established Dry Cleaning business is located in a strip mall on a busy street right off Route 46 with plenty of convenient parking. Please contact TBC Business Brokers for more information at tbcpearl@aol.com

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Equipment: dry cleaning machine, washing machine, pressers, air compressor, water boiler, vacuum, Sankosha shirt finishing machine, refrigerator
Growth & Expansion:
The owner does NO advertising. This should be done by the new owner. Because of the size of the facility, they have the capacity to increase production. One way is to establish drop stores and/or establish relationships with other existing drop stores.
Support & Training:
Owner will train and assist in a smooth transition
Reason for Selling:
Poor health and retirement
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Philip Pearl, CPA

Business Listed By:
Philip Pearl

TBC Business Brokers

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