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Business for Sale

Semi Absentee Laundromat for Sale in New Jersey
Essex County, NJ

Listing #35701
   
Financial Information (non-confidential)
Asking Price $160,000.00 Gross Revenues $155,000.00
Down Payment $160,000.00 Owner’s Cash Flow $61,000.00

Financing: $160,000.00 Down and

Reason for Selling:Personal

This well established boutique laundromat is located in Essex County, NJ; offering 19 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 am. In order to minimize labor costs, the current owner has a part time attendant. There is wash and fold which represents 45% at this time, but is growing; thanks to many upgrades including speed 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's sight. 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 over $5,000 a month. Call Syed at 631-374-7686 for more information.

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.
Syed Ahmed
Senior Business Broker
631-374-7686
sahmed@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Syed Ahmed

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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