Laundromat for Sale in New Jersey - 36605 Business Type: dry cleaning/ laundry services,laundromats
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $195,000 | Down Payment | $195,000 |
| Gross Revenues | $180,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $84,000 | Number of FT Employees | Register Free to View |
Financing
$195,000 Down and
Business Description
This well-established boutique laundromat is located in Essex County, NJ; offering 18 coin operated washers and 16 dryers to walk in customers.
The business runs 7 days per week including holidays, due to automatic doors which open at 6 am and close at 10 pm.
In order to minimize costs, the current owner a part time attendant. There is wash and fold which represents 45% at this time, but is growing.; thanks to many upgrades including queen dryers and large machines, water heater-up-grade, roof top unit and cash machine.
One full time and two part-time attendants keep the business running smoothly with little owner oversight.
Do not miss this great business at a reasonable price with a decent cash flow.
After paying all the expenses, the seller's net cash flow is $7,000 a month. Call the broker, Syed Ahmed at 631-374-7686, for more information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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