High Volume Dry Cleaner with two drop store

This is a well established Dry Cleaner with two additional drop store in High end Area.Business is in this location more then 45 years and current owner running it for last 17 years. Now his time to retired. Dry cleaner have lot of its equipment only one year old and it is well maintained. Dry cleaner m/c is only one year old and it is environmental friendly.Store hour is only 6:00 AM TO 7:00 PM and Sunday closed. Premises is about 2000 sq ft and very reasonable rent. Business is well staff with Experienced employee Three full time and two part time.Dry cleaner doing business at retail 60% and wholesale 40% plus two drop store. It is a very good opportunity for experienced person to take over money making business. Seller will finance to qualified buyer with good down payment. The price has been set very competitively and based on fair market value and equipment. Based on the asking price and yearly net income, this business expect to supply a consistent investment return to the owner operator.The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only.
 
Geography: State:New Jersey  County:
Asking Price: $425,000
Cash Flow: $200,000
Down Payment: $350,000
Franchise: -
Reason for Selling:
Re Inc.: No

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