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ServiceFor Sale in ridgewood, NJ

Listing ID: DRCL246 | Broker Listing ID: BLP194876

Financial & Assets Details


About the Business


Business Description

Potential opportunity for EB-5 US Visa Investor
Long standing highly profitable Dry Cleaners in an affluent area of Northern New Jersey, Bergen County with a gross income of $707,285 and a $172,106 net yearly income to the owner operator. The owner is now retiring and will supply a full training period. This profitable Cleaners has provided the residents and surrounding towns with fast, affordable, and flexible dry cleaning and garment pressing services. The company offers an ECO-FRIENDLY system of cleaning services with a full delivery system. With a strong commitment to quality, their employees, and innovations within the industry stands at the forefront of the dry-cleaning industry with Green Solutions for every cleaning need. The company invested in green technologies and innovations that have low environmental impact. They are a family-owned business built on providing excellent personalized service, constant oversight, and a hands-on approach. Their knowledge on cleaning solutions for every fabric and stain removal ensures our customers receive the highest quality service in central NJ. This is a dependable safe business opportunity and based on the price, down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Growth & Expansion

Regarding growth and expansion; this retail service company can be further developed by improving the marketing system in order to increase their delivery system. Also, two competitors closed during the pandemic.

Seller Financing

Seller & SBA bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Market Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Location Details:

This business opportunity is in north central New Jersey, Bergen County on a highly active county road. This business facility consists of 2,200 square feet with a modern and professional appearance with a capacity of ten customers. The business is on a commercial avenue conveniently located for its various customers.

Support & Training

Training and owner support; the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.

Reason for Selling:

The purpose of this business transaction is due to the owner retirement from this dry-cleaning industry.

Listing ID: DRCL246

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