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WELL ESTABLISHED DRY CLEANING & TUX RENTAL BIZ

Seller: Attn: Tony Piazza
Location: Sussex, NJ, USA
Listing Number: "10213"


Asking Price: $849,900 USD USA Dollars
Industry: Services: Dry Cleaning & Laundry
Reason for Selling: Illness. Must retire
Year Established: 1969
Number of Employees: 6
Yearly Revenue: $714,917
Yearly Cash Flow: $234,063
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Don’t miss this golden opportunity to buy a well established, profitable dry cleaning business which includes a profitable Tuxedo rental operation in the selling price. Owner has been in business over forty years and has a large repeat clientele. Dry cleaning plant is scalable as it has capacity to service several other drop points. Minimum training necessary. New owner can move right in without dropping a beat. Price includes all plant equipment, truck used to pick up and deliver cleaning from drop points. Very lucrative cash generating business. Large established customer base with excellent reputation. At one time owner had four drop points generating well over $1 million in revenue. Plant is also capable of servicing other cleaners.


Property Features and Assets:

Plant and Tuxedo rental housed in same building centrally located to service surrounding towns. Owner owns main building and is willing to negotiate favorable lease for new owner. One drop off store located near by in high traffic shopping center with video feed to main plant. Current lease on drop store has option to extend until 2016.


Market Competition and Expansion:

Easily expandable by opening more drop stores in surrounding towns. Minimal effort would be required. Minimum competition in area no Tux rental competition.


Additional Details:


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