Thriving Dry Cleaning Business in City, State

Featured on BusinessForSale.com . 4 viewed

Asking Price

$450,000

FOR SALE - ACTIVE

Detailed Information

Location

New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This established dry cleaning business is thriving, experiencing significant growth in 2022, 2023, and 2024. Located in a great shopping center with ample parking, the turnkey operation includes top-of-the-line equipment such as a Multimatic dry cleaning machine and an Electrolux washing machine. With a gross revenue of around $475,000 and an owner's cash flow of approximately $170,000 in the past year, the business has seen an increase in customers due to competitors going out of business. The current lease has 10 years remaining with monthly rent set at $8,300. This business presents an opportunity for individuals knowledgeable about the dry cleaning industry to potentially expand by opening additional drop-off stores. A separate drop store is available for purchase if desired. Interested buyers should have at least $350,000 in liquid funds, and seller financing is an option for well-qualified buyers with industry experience and collateral. To inquire further, interested parties should contact the broker for discreet

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