Long Established Cleaners Plant & Drop Store
Union County, NJ

Financing: $550,000.00 Down and $100K over 4 yrs. @ 8.5%

Reason for Selling:Retirement

Established Dry Cleaning Plant plus Drop Store. Sales are up! Owners retiring. Both stores are located in great locations with great parking. Turn key operations with all furniture, fixtures and equipment in place, including a 50 lb Multimatic dry cleaning machine (using DF 2000), an Itsumi BT-150 Single Buck Shirt unit, puffers, susie, 2 utility pressers, 1 hot head air dryer for compressor( takes out moisture and preserves life of all valves), 7.5 Air compressor, spotting board, Electrolux 65 lb washing machine (for wet cleaning and laundered shirts), 2 computers, 1000 slot conveyor, 400 slot conveyor, 2 sewing machines, 15 HP boiler, Instant hot water tube with no water tank (it uses steam from boiler to get hot water), exhaust fan, a new water purifier for waste water from dry cleaning machine with stainless steel return tank and much more. It would cost well over $375K to build these from scratch. Sales were lower in 2020 due to Covid, but the business has bounced back for the past 3.5 years with total gross sales of $675,000.00 and an owner's cash flow of $300,000.00. Two competitors have gone out of business over the past few years and this has led to an influx of new customers. These businesses are ideal for someone who understands the dry cleaning industry and the ability to open additional drop stores using the main location as the main plant. We are seeking a serious and financially qualified buyer with at least $550K in liquid funds. Seller financing is possible for a well-qualified buyer with good credit and a personal guarantee. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment, only after providing proof of funds for at least $500K.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.