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Business for Sale Summary

Laundromat for Sale in New Jersey - 36496

Business Type: dry cleaning/ laundry services,misc. service/non-classifiable,other personal services,laundromats
Laundromat for Sale in New Jersey
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This business has received 101 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $150,000
Gross Revenues $273,646 Lease Remaining Register Free to View
Owner’s Cash Flow $110,406 Number of FT Employees Register Free to View

Financing

$150,000 Down and

Business Description

Be Proud of the Place You Own. Absolutely Priced for an Immediate Sale. This is a showpiece laundromat- Washers and dryers are in perfect condition, the store is clean and well-attended. Open 6am to 9pm, 7 days per week. This long-established laundromat located in Ocean County, New Jersey offers 19 washers and 26 dryers, some new and all coin operated machines. The company provides wash and fold business, the vending machines are owned, and a van is included in the sale. The customer base is stable and loyal. In addition to the in-store Wash and Fold business, Summer brings significant Wash and Fold business from Shore communities. Use the van for pick-up and delivery and get a box truck to bring in more Summer Jersey Shore business. So much of it is out there. After 10 years in the laundromat business, the Owner received a cushy job offer and is going back to Corporate America. This laundromat is priced to sell yesterday. For more information contact Gerald Nimberg, Senior Business Brokers, Vested Business Brokers at 646-269-4616.

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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.