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Business for Sale Summary

Laundromat for Sale in New Jersey - 36652

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 62 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $165,000
Gross Revenues $180,000 Lease Remaining Register Free to View
Owner’s Cash Flow $50,000 Number of FT Employees Register Free to View

Financing

$165,000 Down and

Business Description

After 20 years, the owners of this 20-year-old Ocean County laundromat have decided to sell and retire. On a main highway and in a perfect blue-collar community, with plenty of space for off-street parking, this laundromat is a landmark in the community. It enjoys a 4.9 out of 5 customer satisfaction rating. The laundromat comes with 30 washers and 20 dryers all owned and in working condition. Soda machine, soap dispenser, bill changer and weight machine are part of the package. While the location could benefit from a face lift, the landlord has indicated a willingness to write a new lease for a motivated buyer possibly as long as 10 plus 10 years, or 20 years in all. The business is well-known, well-regarded and the summer rental community is nearby so add bulk pick-up and delivery to the rental agents and enjoy lasting success. For more information, contact Gerald Nimberg, Senior Business Brokers at 646-269-4616.

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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.