
2 Jfk Boulevard, Franklin Twsp, NJ 08873
Somerset County
Key Facts
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
Cooling
Heating
Parking
Security
Utilities
Sewer
Water Source
Directions
use google
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
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
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 193 Hillcrest Ave, Franklin Twp., NJ | $199,999 | — | — | — |
| 20-613 Delar Pky, Franklin Twp., NJ | $228,000 | 1 | 1 | — |
| 75 Amethyst Way, Franklin Twp., NJ | $238,625 | 2 | 1 | — |
| 19 Amethyst Way 19, Franklin Twp., NJ | $249,900 | 3 | 1 | — |
| 11 Lindsey Ct, Franklin Twp., NJ | $250,000 | 3 | 1 | — |
| 570 Garfield Ave, Franklin Twp., NJ | $275,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Franklin Twsp
Listing Courtesy: VYLLA HOME - 8562060413















