2 Jfk Boulevard, Franklin Twsp NJ 08873, Franklin Twsp, NJ 08873

Property Description

Dry Cleaning Business for Sale - Semi-Absentee, Established 9+ Years Well-established dry cleaning, laundry & alterations business with strong systems, trained staff, and consistent repeat clientele. Owner is stepping back due to health reasons after 30+ years in the industry. Financial Overview Gross Revenue: $280K - $300K annually Net Income: ~$40K-$55K+ Additional upside from cash + tailoring income Turnkey Operations (Easy to Run) Semi-absentee model Owner involvement: minimal (review weekly numbers) Store opens in morning; staff runs operations Training provided: 2-4 weeks Full computerized customer database (1,000-2,000+ clients) Revenue Streams Dry cleaning (on-site plant) Shirt laundry (partially outsourced) Alterations (high-margin - ~$40 per jacket, etc.) Draperies & wedding gowns 6 wholesale accounts (steady volume) Outside contract work Staff & Setup 3 full-time employees (experienced, long-term) 1 additional helper 2 drivers (3 days each rotation) ~$300/week per driver Diverse, trained workforce (no dependency on owner) Equipment & Investment Fully equipped dry-cleaning plant $25,000 recently invested in boiler + upgrades All machinery in place (pressing, cleaning, tailoring) Business History Current location: 8-9 years established Owner has 30+ years experience (previously operated 3 stores) Proven systems and repeat customer base Growth Potential 🚀 New apartment complex coming in 2 years → Major increase in in traffic Expand pickup/drop-off satellite locations Add more wholesale/commercial clients Increase tailoring & premium services Seller Motivation Owner is scaling down due to health and age, looking for a smooth transition to a serious buyer. Pricing Asking Price: $300,000 Operations & Equipment (Fully Functional Plant) Machinery & Setup Fully equipped on-site dry-cleaning plant Boiler system - automatic operation (turns on/off as needed) Air Compressor (NEW) Recently installed (within last 1-2 months) Critical for dry-cleaning operations (pressing, finishing) Pressing machines, finishing stations, and full workflow setup in place Maintenance & Reliability All machines are operational and maintained Recent investment ensures low immediate repair cost Boiler and compressor systems are standard easy to service locally No major breakdown issues currently Daily Operations (Simple System) Front counter managed by staff Back-end handled by trained employees If front desk is empty briefly, staff in the back supports operations Business continues smoothly without owner presence Staff Capability Employees handle: Machine operation Pressing & finishing Customer service (basic) Owner not required for daily technical work Efficiency Advantage System already set → no need to build from scratch Buyer can step in and run immediately Option to improve further with: Better front-desk management Extended hours Pickup/delivery expansi