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2 Jfk Boulevard, Franklin Twsp, NJ 08873

Somerset County

Key Facts

1,100Sq Ft

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

Property Information

Property Type

Business Opportunity

Living Area

1,100 sq ft

Days on Market

61

MLS® Listing#

2614882R

Property Features

Appliances

WasherDryerWasher/Dryer

Cooling

Central Air

Heating

Forced Air

Parking

On Site

Security

Fire Sprinkler SystemSecurity System

Utilities

Electricity ConnectedNatural Gas ConnectedNatural Gas Available

Sewer

Public Sewer

Water Source

Public

Directions

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Affordability Calculator

$55,800

Estimated monthly payment

$1,485/mo

Principal $223,200 · Est. interest $311,384 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Franklin Twsp, NJ

$590,667
Median Listing Price
32
Median Days on Market
1,941
Median Sq Ft
$316
Median Price / Sq Ft
203
Active Listings
  • This home’s price is 53% below the area median.
  • Its price per sq ft is 20% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Franklin Twsp, NJ.

Location

Map showing the location of 2 Jfk Boulevard, Franklin Twsp, NJ 08873

Points of Interest in Franklin Twsp, NJ

Showing the Franklin Twsp area map.

Nearby Schools

  • Conerly Road School

    Elementary · 0.6 mi away

  • Rutgers Preparatory School

    Elementary · 0.9 mi away

  • Nuview Academy

    School · 0.9 mi away

  • Yeshiva Shaarei Tzion Elementary School

    Elementary · 0.9 mi away

  • St Matthias School

    Secondary · 1.1 mi away

  • MacAfee Road School

    Elementary · 1.4 mi away

  • Pine Grove Manor School

    Elementary · 1.4 mi away

  • Hillcrest Elementary School

    Elementary · 1.5 mi away

  • Martin Luther King Intermediate School

    Elementary · 1.5 mi away

  • Conackamack Middle School

    Secondary · 1.6 mi away

  • Rutgers Genetics Department

    School · 1.6 mi away

  • Franklin Middle School

    Secondary · 1.7 mi away

  • Biomedical Engineering Building

    School · 1.7 mi away

  • Knollwood Elementary School

    Elementary · 1.7 mi away

  • Savannah's Playhouse

    School · 1.7 mi away

  • Sadiq School

    School · 1.8 mi away

  • Cedar Hill Prep School

    Secondary · 1.8 mi away

  • Lcog Academy LLC

    School · 1.8 mi away

  • Sampson G Smith School

    Secondary · 1.9 mi away

  • Njiec

    School · 2.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Franklin Twsp

Middlesex County MLS logo

Listing Courtesy: VYLLA HOME - 8562060413

The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Central Jersey Multiple Listing System, Inc. Real Estate listings held by brokerage firms other than EXIT Realty are marked with the IDX logo. The Central Jersey Multiple Listing System, Inc. does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information deemed reliable but not guaranteed. Copyright ©2026 Central Jersey Multiple Listing System, Inc. All rights reserved. The Central Jersey Multiple Listing System, Inc. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.

Data is Copyright 2026 The information contained herein has not been compiled or approved by the All Jersey Multiple Listing System, Inc.<BR><BR>This property may have surveillance.

Data provided by AllJersey MLS. MLS® Listing#2614882R. © 2026EXIT Realty®. All rights reserved.