Profitable Northern NJ Dry Cleaners, 3 Locations with Plant/Machines
Business Description
Established dry cleaning operation with three retail locations and wholesale plant, generating $1.6M in annual revenue with strong $529K EBITDA (33% margin). Founded in 1990, this Bergen County, New Jersey business has built a solid customer base over 34 years of continuous operation.
Revenue Breakdown:
• Store 1: $583,451
• Store 2: $161,808
• Store 3: $293,010
• Wholesale Operations: $574,600
The business demonstrates exceptional growth momentum with year-over-year increases of 15-20%. This multi-location operation benefits from diversified revenue streams through both retail customer service and wholesale accounts, providing stability and scalability.
Key Financial Highlights:
• Annual Revenue: $1,612,868
• EBITDA: $529,106 (33% margin)
• Strong cash flow generation
• Established customer relationships across three locations
Operational Assets:
• FF&E valued at $310,000
• Inventory: $40,000 (included in asking price)
• All locations operate under lease agreements
The seller is relocating and offers 30 days of training support to ensure smooth transition. With Bergen County's dense population and steady demand for dry cleaning services, this presents an excellent opportunity for an owner-operator or investor seeking a profitable, established business with proven growth trajectory.
Financing available up to 50% of purchase price, though cash transactions preferred. The combination of multiple revenue streams, strong margins, and consistent growth makes this an attractive acquisition in the essential services sector.
Revenue
Store 1 $583,450.86
Store 2 $161,808.00
Store 3 $293,009.50
Wholesale $574,600.00
Total Revenue $1,612,868.36
Expenses
Accounting/Gov/Reg $5,738.06
Advertising & Promotion $7,425.36
Customer Reimbursement $594.00
Housekeeping Vendor Payments $48,513.04
Insurance- Gen Liab $12,147.96
Insurance- Workers Comp $15,625.46
Insurance- Vehicle $2,478.25
Payroll – Salary & Wages $545,844.00
Payroll – Taxes $52,272.76
Payroll- Service Fees $21,115.00
Rent Expense $115,475.26
Repairs/Maintenence $40,013.27
Shoe Repair $2,439.00
Software/Website $7,200.00
Supplies $65,894.23
Tailoring Payments $80,154.53
Telephone – Wireless $4,200.00
Utilities (Gas, Electric, Water, Internet) $44,541.54
Vehicle – Fuel $6,760.00
Vehicle - Tolls $7,320.00
Vehicle – Repairs & Maintenance $3,748.69
Total Expenses $1,083,762.35
EBITDA $529,106.01
Revenue Breakdown:
• Store 1: $583,451
• Store 2: $161,808
• Store 3: $293,010
• Wholesale Operations: $574,600
The business demonstrates exceptional growth momentum with year-over-year increases of 15-20%. This multi-location operation benefits from diversified revenue streams through both retail customer service and wholesale accounts, providing stability and scalability.
Key Financial Highlights:
• Annual Revenue: $1,612,868
• EBITDA: $529,106 (33% margin)
• Strong cash flow generation
• Established customer relationships across three locations
Operational Assets:
• FF&E valued at $310,000
• Inventory: $40,000 (included in asking price)
• All locations operate under lease agreements
The seller is relocating and offers 30 days of training support to ensure smooth transition. With Bergen County's dense population and steady demand for dry cleaning services, this presents an excellent opportunity for an owner-operator or investor seeking a profitable, established business with proven growth trajectory.
Financing available up to 50% of purchase price, though cash transactions preferred. The combination of multiple revenue streams, strong margins, and consistent growth makes this an attractive acquisition in the essential services sector.
Revenue
Store 1 $583,450.86
Store 2 $161,808.00
Store 3 $293,009.50
Wholesale $574,600.00
Total Revenue $1,612,868.36
Expenses
Accounting/Gov/Reg $5,738.06
Advertising & Promotion $7,425.36
Customer Reimbursement $594.00
Housekeeping Vendor Payments $48,513.04
Insurance- Gen Liab $12,147.96
Insurance- Workers Comp $15,625.46
Insurance- Vehicle $2,478.25
Payroll – Salary & Wages $545,844.00
Payroll – Taxes $52,272.76
Payroll- Service Fees $21,115.00
Rent Expense $115,475.26
Repairs/Maintenence $40,013.27
Shoe Repair $2,439.00
Software/Website $7,200.00
Supplies $65,894.23
Tailoring Payments $80,154.53
Telephone – Wireless $4,200.00
Utilities (Gas, Electric, Water, Internet) $44,541.54
Vehicle – Fuel $6,760.00
Vehicle - Tolls $7,320.00
Vehicle – Repairs & Maintenance $3,748.69
Total Expenses $1,083,762.35
EBITDA $529,106.01
About the Business
- Years in Operation
- 36
- Facilities & Assets
- Main plant facility with current capacity to do 6000 pieces per week. Retail store in front of plant. 2 additional drop stores. Newer equipment, newer 25 hp Fulton boiler.
- Opportunities for Growth
- Significant growth year over year 15-20%+
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $5,400.00 per month
About the Sale
- Seller Motivation
- Moving Away
- Transition Support
- Can provide training for 30 days.
- Financing Options
- Max Financing 50%, Prefer Cash Deal
Listing Info
- ID
- 2499087
- Listing Views
Listing ID: 2499087 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















