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Business for Sale Summary

Dry Cleaning Service in Mercer County, NJ - 29469

Business Type: service businesses,dry cleaning/ laundry services,misc. servicel/non-classifiable,other business services
Dry Cleaning Service in Mercer County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $350,000
Gross Revenues $360,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $195,000 at 7% over 5 years

Business Description

SELLER FINANCING. LONG-TERM LEASE. POSITIONED FOR SUBSTANTIAL GROWTH. Located in Mercer County, New Jersey, this 9,000-square foot facility offers dry cleaning services to its local retail customer base, and services area dry cleaning stores, as well. Approximately 25% of its business comes from wholesaling its service to other dry-cleaning stores, and that business can be expanded enormously. The seller has the space and dry-cleaning, pressing, washing and drying equipment, as well as the experienced personnel to increase this portion of its business. Also, dry-cleaning services can be offered to hospitals, hotels, table cloth/curtain restaurants and a variety of uniformed services, such as school bands, police, the fire department and the like. All that is needed is a van and driver to pick up and deliver. Further, there is ample space to add wash and fold laundromat services. The property is available for purchase. Considerable financing is available for either the property or the business.

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

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.