Dependable business opportunity for this ten year old retail dry cleaners business located in Northern New Jersey and in the county of Passaic. This successful commercial dry cleaning plant facility is located on an active state highway and has a consistent income to the owner operator. The owner is retiring and will training and consider financing to a qualified buyer. This dry cleaner business has a gross yearly income of $150,000 and a consistent net yearly income of $72,000. Twenty five (25%) percent of the yearly business income represents wholesale client service and the business has approximately 175 listed active steady clients. This particular business has three employees, two part, one full who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $2,600. The business has an assignable commercial lease which expires 2019-01-01 plus additional options, with a monthly rent of $2,790 and rent security $4,500. The business is located in an active modern commercial mall on a US state highway, the facility which consists of 2,000 square feet has a capacity for fifteen customers. The sale includes a fully equipped commercial retail store, which has displays, various cleaning machines, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active six days per week, with hours from 7:30 am to 6:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state licenses to conduct its day to day business. This is a wonderful business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 29% investment return to the owner operator prior to debt service.

Posted Mar 18, 2015

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