ESTABLISHED DRY CLEANING DROP STORE - UNION COUNTY, NJ
Turnkey dry cleaning drop store operation serving Union County since 2001, generating $250,000 in annual revenue with $60,000 in cash flow. This well-positioned business presents an excellent acquisition opportunity in a growing market with reduced competition.
BUSINESS OVERVIEW:
Established dry cleaning drop store with 23 years of continuous operation and proven customer base. Currently operated by absentee owner, demonstrating strong systems and operational efficiency with minimal staffing requirements.
LOCATION & FACILITIES:
• 1,400 sq ft facility in prime Union County location
• Free-standing building on main road ensuring high visibility
• Excellent parking availability for customer convenience
• Monthly lease: $5,900 through January 2035
FINANCIAL PERFORMANCE:
• Annual Revenue: $250,000
• Cash Flow (SDE): $70,000
• Asking Price: $190,000
• Inventory Value: $25,000
• Lean operation with 1 employee
• Strong profit margins for drop store model
MARKET ADVANTAGES:
• Significant competition reduction as many cleaners closed post-pandemic
• New apartment developments driving organic customer growth
• Perfect bolt-on opportunity for established dry cleaning plants
• Strategic location in growing residential market
GROWTH OPPORTUNITIES:
• Expanding customer base from new apartment occupancy
• Current organic growth being experienced
• Delivery service implementation potential to increase revenue
• Market consolidation creating increased market share opportunities
OPERATIONS:
• Efficient single-employee operation
• Absentee owner model proven successful
• Seller provides training for smooth transition
• Established systems supporting consistent performance
This represents an outstanding opportunity to acquire a profitable drop store operation with strong fundamentals and growth potential. The combination of solid financials, prime location, reduced competition, and expanding residential market makes this ideal for operators seeking expansion or market entry.
Seller motivated to retire after 40 successful years in the industry, ensuring comprehensive knowledge transfer and operational continuity.
Ad#:2339029
