Owner retiring after forty year for this highly successful Clothing store business...  Read More

Owner retiring after forty year for this highly successful Clothing store business specializing in formal wear rental and clothing sales located on an active avenue of Essex County, New Jersey. This sale is due to illness and is priced very aggressively, below market value and based particularly on the value of the inventory. This is a wonderful opportunity to enter this industry and the owner will supply train. If you are looking for a tuxedo to rent for Prom? Check the latest formal wear trends, they are well known as a premier provider of tuxedos for all occasions. Their staff will present you with the broadest selection of tuxedos, vests and formal wear accessories to make sure you get exactly the style you’re going for. Their certified formal wear consultants are ready to assist you in coordinating the perfect look for your Prom. They continue to offer a large selection of unique formal wear attire and accessories to guarantee you’ll look fashionably unique. When selecting your tux, they offer you hundreds of the latest designer styles including Calvin Klein, Ralph Lauren, Joseph Abboud, Perry Ellis, Jean Yves, Red Sleeve and Claiborne. Coupled with their commitment to service, they will ensure perfection for your special Homecoming, Prom, or Winter Formal event. Based on the asking price, required down payment and net income this business will supply a consistent return to the owner operator prior to debt service. The sale includes numerous displays, POS system, counters including various equipment required for this particular industry. The building has a capacity for 45 customers, 2,000 square feet, on one main floor with a full basement used for storage. This retail business has one part time steam stress to service its various customers. The sale includes a ten year commercial lease with a monthly rent payment of $3,000, rent security $3,000. The facility has private parking on the site as part of the lease agreement. The business is operational six days weekly with hours from 9:30 am to 6:00 pm. The business has a certificate of occupancy to conduct business at this location. Based on the asking price, required down payment and net income this business should supply a 15% return to the owner operator prior to debt service. The business gross yearly income is $120,000 and a yearly net income of $40,000.00. Asking price is $195,000 which represents the value of the inventory and owner financing is available to a qualified buyer. Inventory wholesale value $180,000 included in the sale price. This sale is confidential to employees and public, all viewings are by appointment only.  Read Less

Successful Children’s Consignment Shop located in Morris County, New Jersey. This...  Read More

Successful Children’s Consignment Shop located in Morris County, New Jersey. This consignment shop offers clothing and other items at a deeply discounted price. Customers generally will pay .25 to .33 cents on the dollar versus their original cost retail shore prices. At a consignment shop, the person who originally brought in the consignment item retains title to the item during the consignment period which is generally 60 to 90 days. If the item does not sell, the owner may be able to reclaim it in some cases, or the seller can dispose of the item at the store’s discretion. The consignee, or the seller, pays the consignor, the person who owns the item, a percentage of the proceeds from the sale when the item sells. This particular boutique offers designer children's clothing and they specialize in offering new brand name apparel for children (sizes infant to 10) and a wide selection of shoes, toys, games, and baby gear. From infants and toddlers to junior girls and boys, we have the right outfit at a deep discount. Whether you are looking for clothes for playtime or a formal occasion, you are sure to find something. The sale includes various displays, POS system, marketing accessories, seasonal decorations, including various equipment required for this particular industry. The building has a legal capacity for 40 customers, 1,350 sq ft, on one main floor. Due to the limited hours, this retail business does not require employees, however by increasing the business hours one part time employee will be required. The sale includes a three year commercial lease with a monthly rent payment of $2,000. The facility has substantial municipal parking nearby and at the site. The business is operational five days weekly, closed Sunday & Monday with hours from 10:00 am to 4:00 pm. The business has a municipal Certificate of Occupancy conduct business at this location. This is a wonderful opportunity with continued growth opportunity. Based on the asking price, required down payment and net income this business should supply a 15% return to the owner operator prior to debt service. The business gross yearly income is $100,000 and a yearly net income of $20,000.00. The asking price is $69,000 and financing has been preliminary approved to qualified buyer. This sale is confidential all viewings are by appointment only, photo may not represent this particular business.  Read Less

Owner relocating out of state for this highly profitable, independent gas station and...  Read More

Owner relocating out of state for this highly profitable, independent gas station and convenience store & Lotto in a central area of Northumberland County, PA. The business has yearly gross fuel sales of $956,000 and the convenient store has a yearly gross income of $762,000. The sale includes a long term commercial lease at a fair rental cost and an option to purchase the real estate. The business has been fully upgraded during the past few years and all equipment is in excellent working condition. All underground tanks are in excellent condition and are the responsibility of the landlord. The sale includes a fully equipped gas station and retail convenient store with displays, shelving, POS system, tables, computers, and refrigeration & freezer units including all the necessary equipment to maintain the day to day business operation. This particular business has five full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $7,000. The business has an assignable commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $2,600 and rent security $2,600. The business facility which consists of 1,400 sq. ft. has a capacity for twenty customers. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 10:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required license approval from the city. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 30% investment return to the owner operator prior to debt service. The 2014 gross yearly income from the C store is $762,000 and fuel sales of $956,000 and a yearly net income of $145,000 prior to debt service. The asking price is $335,000 for this business and the price is based on a multiple of the net yearly income along with the value of the assets, seller financing has been tentatively approved to a qualified buyer. Additionally an option to purchase the real estate is available for $450,000. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Excellent business opportunity for this highly profitable laundromat located in an...  Read More

Excellent business opportunity for this highly profitable laundromat located in an affluent city of Essex County, New Jersey. The business has a yearly gross income of $294,000 and a net income of $88,000. The laundromat is conveniently located in a commercial mall with various other successful businesses. This successful business represents 80% of its income is wash & fold with a highly active five day pickup and delivery service. The business offers Organic Dry Cleaning, Laundering shirts and Wash & Fold Laundry Services, they clean comforters, tablecloths, linens, blankets, drapes, suede, leather, area rugs and most anything you can think of. They offer many services including alterations, retail product sales and will gladly recycle your hangers. This laundromat business has one employees who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $5,000. The business opportunity will offer a new ten year commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $6,286 and rent security $10,000. The business is conveniently located in a commercial mall which consists of 2,000 square feet and has a capacity for approximately fifty customers. The sale includes a fully equipped commercial laundromat retail store, which consists of 25 washers, 25 dryers, shelving, accounting system, tables, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.The facility has appropriate private mall parking on site as part of the commercial lease. The business is active six days, closed Sunday, with hours from 8:00 am to 8:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required city licenses to conduct its day to day business. The owner will remain post-closing for 30 days and supply a transitional period.This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 39% investment return to the owner operator prior to debt service. The 2014 yearly gross income is $294,000 and the business has a yearly net income of $88,000 based on an owner operator and prior to debt service. The business has been valued at $199,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Wonderful business opportunity to own this long standing Laundromat located in Northern...  Read More

Wonderful business opportunity to own this long standing Laundromat located in Northern New Jersey and in the county of Sussex. The facility is 1,850 square feet is located in an attractive commercial mall on an active county road. The facility is nearby to numerous residential rentals with a continued need for this personal service. The sale includes twenty seven (27) Dryers and twenty six (26) washers consisting of thirteen to sixty pound capacity. The facility has central air and heat with large front windows supplying lots of natural light and a conformable pleasant atmosphere. The owner is presently semi absentee and cannot continue to maintain and further develop the business. The sale includes a fully equipped commercial laundromat, with twenty six washers, twenty seven dryers, central air conditioning, shelving, change machines, tables stations including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This laundromat business has three part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $2,550. The business transaction will include a new ten year commercial lease which expires 2025-01-01 plus options, with a monthly rent of $2,500 and rent security $7,500. The business is located in a commercial mall facility which consists of 1,805 square feet with a capacity for approximately fifty customers. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week, with hours from 8:00 am to 8:00 pm. The sale includes a certificate of occupancy (CO) from the particular municipality and the required state weights & measure licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a wonderful investment return to the owner operator prior to debt service. 2014 yearly income is $110,000. The business has been valued at $75,000 based on the value of the particular assets, licenses and a multiple of the net yearly income and seller financing has been approved to a qualified buyer with an appropriate down payment. Please do not disturb business, the employees are unaware of the pending sale, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Profitable high volume modern Laundromat priced to sell based on fair market value located...  Read More

Profitable high volume modern Laundromat priced to sell based on fair market value located in a highly populated urban area of Union County, New Jersey. The business equipment has been upgraded within the past years with a clean attractive image. The business has a gross income of $574,430 and a net yearly income of $139,754. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator prior to debt service. The sale includes a fully equipped commercial retail laundry store, which includes various high production washers and dryers, coin machines, displays, shelving, tables, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has four full and part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $5,700. The business has an assignable commercial lease which expires 2023-01-01 plus additional options, with a monthly rent of $14,000 and rent security $20,000. The business is located in a free standing commercial facility which consists of 5,000 square feet and has a capacity for approximately one hundred customers. The facility has appropriate municipal parking nearby to the Laundromat. The business is active seven days per week, with hours from 7:00 am to 9:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state weights & measure licenses to conduct its day to day business. 2014 yearly income is $574,430 and yearly net income of $139,754 prior to debt service. The price has been valued at $475,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Good opportunity to own this wonderful laundromat business with real estate located in...  Read More

Good opportunity to own this wonderful laundromat business with real estate located in Northern New Jersey and in the County of Essex. The business has newer equipment in excellent working condition and recent upgrades and consist of a clean attractive business opportunity. The real estate has an assessed value of $363,742, property taxes $10,571 and the business has a dependable yearly income to the owner operator. The sale consists of a fully equipped commercial laundromat store, which includes displays, shelving, POS system, newer washer and dryers, newer electric system, upgraded pluming, new roof vents, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $1,850. No lease the business opportunity includes the real estate. The business is located in a free stranding facility which consists of 1,440 square feet has a capacity for approximately twenty two customers. The facility has appropriate municipal parking nearby to the facility. The business is active seven days per week, with hours from 7:00 am to 9:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 39% investment return to the owner operator prior to debt service. The yearly gross twelve month income is $126,000 and the business has a yearly net income of $60,000 prior to debt service. The price is set at $450,000, based on a multiple of the net yearly income and the value of the specific business assets. The business has been valued at $145,000, the property value is $375,000 and seller financing has been approved to a qualified buyer with an appropriate down payment and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Profitable 5,000 square foot laundromat located in Essex County, New Jersey with a gross...  Read More

Profitable 5,000 square foot laundromat located in Essex County, New Jersey with a gross income of $500,000 and a consistent net yearly income of $181,000. The business has seventy washers and seventy dryers, fully computerized and the equipment is approximately ten years old. The sale includes a long term lease at fair rental value. A large portion of the business income is from commercial accounts for wash and fold service. The sale consists of a fully equipped commercial laundromat business, which includes 70 washers, 70 dryers, change machines, displays, shelving, accounting system, tables, computer, one van, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has five employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $10,400. The business has an assignable commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $6,250 and rent security $10,000. The business is located on a commercial avenue and consists of 5,000 square feet has a capacity for approximately sixty customers. The facility has appropriate Municipal Street parking near to the business site. The business is active seven days per week, with hours from 7:00 am to 10:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 29% investment return to the owner operator prior to debt service. The 2014 yearly gross income is $520,000 and the business has a yearly net income of $181,000 based on an owner operator and prior to debt service. The business has been valued at $425,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.  Read Less