Organic Dry Cleaner, Absentee-Run Hudson County NJ Plant

Full Editorial Writeup

This is an organic dry cleaning operation in Hudson County, NJ, running out of a 4,000 sq ft plant equipped with a serious hardware stack: a Fulton 20 HP boiler, two 60lb Natura hydrocarbon dry cleaning machines, wet cleaning systems, Unipress shirt and collar presses, Wascomat washers and dryers, four pressing stations, plus shoe repair equipment. The business was established in 2011 and includes an additional drop store, on-site alterations, and shoe repair. It is fully staffed with 12 full-time employees and a manager, which is what allows the current owner to run it absentee.

The positioning is around "organic" and hydrocarbon-based cleaning rather than traditional perc solvents, which appeals to a health and environment conscious residential base while still serving commercial clients on a busy road near both residential and commercial areas. Revenue is roughly $1.25M with reported cash flow of $518,945, a healthy 41% margin for a services operation, and the listing emphasizes that garments are prepaid, which is meaningful for working capital.

The asking price is $1.5M at a 2.89x cash flow multiple, with $550k of FF&E included and SBA financing available. The seller is exiting because they are moving out of state, not retiring, and the real estate is leased with a long runway through September 2036. This is a boring, cash-generative, manager-run local service business with a route-and-repeat customer base.