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Health & Personal Care

Highly profitable dry cleaner in the same location for 62 years

Cresskill, NJ, USA
Updated 18 hours ago

A well-established dry cleaner located in the heart of Bergen County, New Jersey’s busiest and most desirable commercial area is now looking for a new owner. This dry cleaning business has been operating at the same location for 62 years and is known in the local community for providing the highest level of service and trust. The current owner has successfully operated the business for 20 years, and the previous owner ran it for 42 years, maintaining its excellent reputation throughout the decades. A large portion of the clientele consists of affluent residents from Northern New Jersey, contributing to a profit margin that is unmatched by other dry cleaners in the area. The business continues to show steady growth in recent years. It also offers drive-thru service, making it convenient and trusted by loyal customers. Major equipment, including the boiler, has been recently upgraded, ensuring smooth operation for years to come. ***This business would be perfect for buyers who plan to operate it together as a couple.*** ****A new 10-year lease is available, providing long-term stability for the new owner.***

Rent

$9,560/M

Employees

6

Inventory

Included in Asking Price

Property Size

1500 Sq Ft

Biz Buy Sell Ad#

2348568

Lease Expiration

~12/25/2028

Financials

Asking Price
$580K
RevenueMost Recent Year
$780K
Earnings (SDE)Last Reported
$300K
Assets Value
Undisclosed
Seller Financing
Not available

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