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ECO-FRIENDLY DRY CLEANERS. DRCL261

Ocean County, NJ, USA
Updated 1 day ago
Established 1999

Price: $140 Location: Ocean County, New Jersey Industry: Dry Cleaning Listing ID: drcl261 Excellent business opportunity, Owner retiring after thirty years of success for this profitable eco-friendly Hydrocarbon dry cleaners located in an active commercial mall in an affluent community of Ocean County, New Jersey. This business opportunity has a consistent gross yearly income of $270,000 and a dependable yearly net income. The business consists of an environmentally friendly dry cleaner and the sale includes a fully equipped modern facility with up-to-date equipment. For decades, customers and dry cleaners had no real choice but to clean clothes in harsh, petrochemical solvents with known health and environmental risks. Today with improved equipment and softer chemicals, dry cleaners offer an improved service to their customers. This is a dependable business opportunity. Listing Details Revenue: $260,000 Cash Flow: $35,000 FFE: $110,000 (Included in Price) Inventory: $1,000 (Included in Price) Form of Ownership: C Corp Reason For Sale: Owner retiring. The owner is retiring after many successful and profitable years in this service industry. Training & Support: The owner will remain post-closing in order to supply an appropriate transitional and training period to the new operator. Operation Year Established: 1999 Days & Hours of Operation: The business is active six days per week, with hours from 7:30 am to 7:00 pm. Owner Hours Per Week: Full Time Employees: This business presently has four employees who are unaware of the pending sale and fully expected to remain post-closing and monthly payroll is approximately $4,300. Location Security on Lease: Two months Lease Option: Yes, Available Monthly Rent: 2,750 Type of Location: Active commercial Mall Square Footage: 1690 Relocatable?: Yes Facilities Information: This highly successful retail facility consists of 1,690 square feet with a professional modern physical appearance. The business is in a mid-size commercial mall with various other active and successful businesses. The business has a private entrance and highly visible signage. This business opportunity is located in Central New Jersey, Ocean County on an active county road conveniently located close to various state highways. The general area consists of various highly populated communities with continued demand for this highly active personal service. Summary Owner Qualifications: This industry does not require government agency approval to purchase. Competition: To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. Potential Growth: The business can be further developed with a web site, delivery service and an improved marketing plan. Financing/Terms: Owner financing available.

Employees

This business presently has four employees who are unaware of the pending sale and fully expected to remain post-closing and monthly payroll is approximately $4,300.

Inventory

$1,000 (Included in Price)

Listing Id

drcl261

Competition

To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Lease Option

Yes, Available

Monthly Rent

2,750

Relocatable?

Yes

Square Footage

1690

Financing/terms

Owner financing available.

Potential Growth

The business can be further developed with a web site, delivery service and an improved marketing plan.

Type Of Location

Active commercial Mall

Form Of Ownership

C Corp

Security On Lease

Two months

Training & Support

The owner will remain post-closing in order to supply an appropriate transitional and training period to the new operator.

Owner Hours Per Week

Full Time

Owner Qualifications

This industry does not require government agency approval to purchase.

Facilities Information

This highly successful retail facility consists of 1,690 square feet with a professional modern physical appearance. The business is in a mid-size commercial mall with various other active and successful businesses. The business has a private entrance and highly visible signage. This business opportunity is located in Central New Jersey, Ocean County on an active county road conveniently located close to various state highways. The general area consists of various highly populated communities with continued demand for this highly active personal service.

Days & Hours Of Operation

The business is active six days per week, with hours from 7:30 am to 7:00 pm.

Reason for Selling

Owner retiring. The owner is retiring after many successful and profitable years in this service industry.

Financials

Asking Price
$140
RevenueMost Recent Year
$260K
Earnings (SDE)Last Reported
$35K
Assets ValueNot Included in Asking Price
$110K
Seller Financing
Not available

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