Excellent Drop Store Location
Business Description
Established dry cleaning drop store in Union County, NJ, operating successfully since 2001. This turnkey opportunity generates $240,000 in annual revenue with strong growth potential in a wealthy neighborhood.
BUSINESS OVERVIEW:
Well-positioned dry cleaning operation serving an established customer base for over 20 years. The business maintained operations throughout the pandemic while competitors closed, creating increased market share opportunities.
LOCATION & FACILITIES:
• 1,400 sq ft free-standing building on main road
• Excellent parking availability
• High-visibility location in affluent area
• Monthly lease: $4,200
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $240,000
• Asking Price: $210,000 (includes $15,000 inventory)
• Absentee owner operation
• Seller financing available: $150k down, $60k over 5 years at 8%
GROWTH OPPORTUNITIES:
• New apartment developments creating organic customer growth
• Projected 15-20% revenue increase over next few years
• Delivery service expansion potential
• Reduced competition post-pandemic
• Established market presence in growing residential area
OPERATIONS:
• 1 employee currently
• Management team in place for smooth transition
• Owner provides post-sale support
• Proven business model with consistent performance
This represents an excellent opportunity to acquire a stable, profitable dry cleaning business in a prime location with significant upside potential. The combination of reduced competition, new residential development, and established customer relationships positions this business for continued growth.
Ideal for an owner-operator or investor seeking a recession-resistant business with expansion opportunities in Union County's thriving market.
BUSINESS OVERVIEW:
Well-positioned dry cleaning operation serving an established customer base for over 20 years. The business maintained operations throughout the pandemic while competitors closed, creating increased market share opportunities.
LOCATION & FACILITIES:
• 1,400 sq ft free-standing building on main road
• Excellent parking availability
• High-visibility location in affluent area
• Monthly lease: $4,200
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $240,000
• Asking Price: $210,000 (includes $15,000 inventory)
• Absentee owner operation
• Seller financing available: $150k down, $60k over 5 years at 8%
GROWTH OPPORTUNITIES:
• New apartment developments creating organic customer growth
• Projected 15-20% revenue increase over next few years
• Delivery service expansion potential
• Reduced competition post-pandemic
• Established market presence in growing residential area
OPERATIONS:
• 1 employee currently
• Management team in place for smooth transition
• Owner provides post-sale support
• Proven business model with consistent performance
This represents an excellent opportunity to acquire a stable, profitable dry cleaning business in a prime location with significant upside potential. The combination of reduced competition, new residential development, and established customer relationships positions this business for continued growth.
Ideal for an owner-operator or investor seeking a recession-resistant business with expansion opportunities in Union County's thriving market.
About the Business
- Years in Operation
- 24
- Facilities & Assets
- Clean drop high end customers
- Market Outlook / Competition
- After pandemic a lot of cleaners went down,
- 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
- $4,200.00 per month
About the Sale
- Seller Motivation
- slowing down after 40 years
- Transition Support
- We have Mang in place ,will stay on for smooth transition
- Financing Options
- 150 down 60 k 5 years 8%
Listing Info
- ID
- 2339029
- Listing Views
- 17
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