Dry CleanersNew JerseySomerset

Select Categories New Jersey
Franchise Dry Cleaners
$275,000Cash Flow: $146,500Seller Financing
Franchise Dry Cleaners

Somerset County, NJ

Ultra-modern franchise dry cleaning business with a very unique concept, green clean, no toxic chemicals. The projected income for the next twelve months is approximately $410,000, and an expected net yearly income of $146,500, and further increased sales within twenty-four months. The equipment is state of the art, less than two years young with a recent buildout cost of $575,000. With this franchise business opportunity, you are in business for yourself, but not by yourself. Their corporate team will be right there working with you to assure your success. In addition, you will be working with other franchisees to compare operational procedures and new strategies along the way. The cleaners offer a full line of services including Dry Cleaning, Shirt Laundry, Wedding Gown Heir looming, Leather and Suede Cleaning and much more. You will also have several additional revenue streams which include express pickup & delivery where you will be able to serve hotels, companies and private Residences. This franchise dry cleaning organization has not only pioneered an innovative dry-cleaning store concept but has gone one step further with the establishment of trend setting quality control and wholesaler liaison positions. This dry-cleaning franchise provides their customers with many advantages, and steady demand. This retail dry cleaning company consist of 8 full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the weekly payroll expense is approximately $1,800. The business transaction has an assignable commercial lease which expires 2027-01-01, plus additional options available, with a monthly rent of $5,337.95, all in, cost per square foot is estimated at $29 and rent security of approximately $8,600. This dry-cleaning business is operational seven days per week, with hours from 7:00 am to 7:00 pm Monday-Friday, 8am-5pm Saturday, and 12pm-3am Sunday. The business has been valued / priced at $275,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Based on the details of sale this appears to be a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

Profitable Drop Store in a High-Traffic Affluent Area
$132,000Cash Flow: $63,561
Profitable Drop Store in a High-Traffic Affluent Area

Somerset County, NJ

Beautifully renovated drop store in a high traffic area of an affluent town. Plenty of strip mall parking. Owner has steadily increased his sales volume while lowering his overhead the past couple of years. Perfect for a husband/wife team or a plant owner looking to increase his routes. All conveyors, furniture, & fixtures valued @ 10k & Inventory of $4,500 included in sale. Payroll figure adjusted for owner-operator. Owner recently negotiated a new (3) year lease with one (3) year option. Landlord is willing to provide a similar lease situation. Contact Seth Kain @ 201-317-4710 for additional details and showing.


Become a BizBuySell Edge Member Today!