Dry Cleaner and Drop-Off in Camden County, NJ - 30264

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Dry Cleaner and Drop-Off in Camden County, NJ - 30264
Asking Price:
$170,000

Gross Revenue:
$209,000
Cash Flow:
$42,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Located in the quiet setting of two Camden County, New Jersey communities, sits a busy dry-cleaners, drop-off and pick-up spot. This combines to make one comfortable, easy-to-manage business. After nearly 30 years, the husband and wife are ready to retire. The business has been built by word of mouth, exclusively. The sellers have no web site, they do not advertise, and they shun social media. While more modern cleaners provide online ordering for customers to schedule pick-up and delivery, this business does not. Moreover, they have cut back on old school services, forego others, and have cut back on hours. They no longer service commercial accounts, such as hotels (used to do five) and restaurants, nor do they service municipal workers, such as police, firemen, public workers, schools, and private uniformed entities. Referral fees to unions and others make this business probable and lucrative. Twenty-two years ago, they opened a drop-off and pick-up store. They have stopped there. In the last ten years or so, the couple have been managing the business, just waiting for retirement. A H/W team with the energy can build themselves a lifetime of income. Please contact the broker at 1-877-735-5224.

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. kg

About the Business

Number of Employees:
4
Website:
www.vestedbb.com
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1580196
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Burlington County, NJ
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Burlington County, NJ
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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