Dry Cleaners for sale in New Jersey - 33662

Financing

$525,000 Down and

Business Description

A drive through dry cleaners with laundromat attached is located in Middlesex County, New Jersey and is now listed for sale. This is a well-established, 30-year-old business that has a wide frontage on a major road in the county with bus access to New York and back stopping at the street corner. Customers can either drive up to the window to drop off and pick up dry cleaning and wash and fold laundromat business or, since there is ample off-street parking, they can come in to pay or to discuss a particular garment. The dry cleaner provides same-day pick-up and delivery to twenty-two commercial accounts in addition to its retail business and the coin operated laundromat services the residential community. The business is highly profitable, and some institutional financing is likely. The commercial business accounts for more than half the combined volume and check and credit card account for more two-thirds of the payments. There is so much room to grow. The business is incredibly convenient as is but despite its years much more can be done in both sectors. It has never advertised its laundromat (or dry cleaning) business in any form in its 30 years.Do that to promote its drive-through service, add pick-up and delivery to area residents and offer Sunday hours to build that end of the business. The company has the reputation and the facility to expand its commercial dry-cleaning business to like accounts. Ground has also broken across the street for significant new housing that will undoubtedly add to its dry-cleaning business. The property is available as an option. The owners are burned out and are looking to retire.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.