Dry Cleaner Drop store
Business Description
ESTABLISHED DRY CLEANING DROP STORE - UNION COUNTY, NJ
Turnkey dry cleaning drop store operation serving Union County since 2001, generating $250,000 in annual revenue with $70,000 in cash flow. This well-positioned business presents an excellent acquisition opportunity in a growing market with reduced competition.
BUSINESS OVERVIEW:
Established dry cleaning drop store with 23 years of continuous operation and proven customer base. Currently operated by absentee owner, demonstrating strong systems and operational efficiency with minimal staffing requirements.
LOCATION & FACILITIES:
• 1,400 sq ft facility in prime Union County location
• Free-standing building on main road ensuring high visibility
• Excellent parking availability for customer convenience
• Monthly lease: $5,900 through January 2035
FINANCIAL PERFORMANCE:
• Annual Revenue: $250,000
• Cash Flow (SDE): $70,000
• Asking Price: $190,000
• Inventory Value: $25,000
• Lean operation with 1 employee
• Strong profit margins for drop store model
MARKET ADVANTAGES:
• Significant competition reduction as many cleaners closed post-pandemic
• New apartment developments driving organic customer growth
• Perfect bolt-on opportunity for established dry cleaning plants
• Strategic location in growing residential market
GROWTH OPPORTUNITIES:
• Expanding customer base from new apartment occupancy
• Current organic growth being experienced
• Delivery service implementation potential to increase revenue
• Market consolidation creating increased market share opportunities
OPERATIONS:
• Efficient single-employee operation
• Absentee owner model proven successful
• Seller provides training for smooth transition
• Established systems supporting consistent performance
This represents an outstanding opportunity to acquire a profitable drop store operation with strong fundamentals and growth potential. The combination of solid financials, prime location, reduced competition, and expanding residential market makes this ideal for operators seeking expansion or market entry.
Seller motivated to retire after 40 successful years in the industry, ensuring comprehensive knowledge transfer and operational continuity.
Turnkey dry cleaning drop store operation serving Union County since 2001, generating $250,000 in annual revenue with $70,000 in cash flow. This well-positioned business presents an excellent acquisition opportunity in a growing market with reduced competition.
BUSINESS OVERVIEW:
Established dry cleaning drop store with 23 years of continuous operation and proven customer base. Currently operated by absentee owner, demonstrating strong systems and operational efficiency with minimal staffing requirements.
LOCATION & FACILITIES:
• 1,400 sq ft facility in prime Union County location
• Free-standing building on main road ensuring high visibility
• Excellent parking availability for customer convenience
• Monthly lease: $5,900 through January 2035
FINANCIAL PERFORMANCE:
• Annual Revenue: $250,000
• Cash Flow (SDE): $70,000
• Asking Price: $190,000
• Inventory Value: $25,000
• Lean operation with 1 employee
• Strong profit margins for drop store model
MARKET ADVANTAGES:
• Significant competition reduction as many cleaners closed post-pandemic
• New apartment developments driving organic customer growth
• Perfect bolt-on opportunity for established dry cleaning plants
• Strategic location in growing residential market
GROWTH OPPORTUNITIES:
• Expanding customer base from new apartment occupancy
• Current organic growth being experienced
• Delivery service implementation potential to increase revenue
• Market consolidation creating increased market share opportunities
OPERATIONS:
• Efficient single-employee operation
• Absentee owner model proven successful
• Seller provides training for smooth transition
• Established systems supporting consistent performance
This represents an outstanding opportunity to acquire a profitable drop store operation with strong fundamentals and growth potential. The combination of solid financials, prime location, reduced competition, and expanding residential market makes this ideal for operators seeking expansion or market entry.
Seller motivated to retire after 40 successful years in the industry, ensuring comprehensive knowledge transfer and operational continuity.
About the Business
- Years in Operation
- 24
- Facilities & Assets
- Clean drop store with excellent parking 900 slot conveyor plus rail for shirts
- Market Outlook / Competition
- After pandemic a lot of cleaners closed and apartments replaced them
- Opportunities for Growth
- Apartments being occupied and we are experiencing organic growth .Delivery service will add to revs, but we are growing
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,400
- Rent
- $5,900.00 per month
- Lease Expiration
- 1/2/2035
About the Sale
- Seller Motivation
- slowing down after 40 years
- Transition Support
- Will train for smooth transaction
Listing Info
- ID
- 2339029
- Listing Views
- 260
Listing ID: 2339029 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Personal Product & Service Businesses for SaleNew Jersey Dry-Cleaning & Laundry Businesses for Sale
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