Established Laundromat For Sale
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $230400
Net Profit / Cash Flow $91320
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Pride of business ownership is clearly evident in this busy laundromat for sale. Professionally managed with bright and clean appearance. Interior completely renovated just 6 years ago including all new machines, new air conditioning unit and 2 hot water heaters (backup always available). 30 washers and 38 dryers (all Wascomat) are perfectly maintained in 2,000 square feet. 12 off street parking spaces Monday through Saturday with additional 7 parking spaces available on Sundays.
The business district location draws customers from 3 surrounding towns. Wash and fold business already established. 10 years remain on current lease. To start a laundromat by yourself would require $300,000 for the same machines alone plus installation costs, but with this opportunity you pay only $360,000 for the complete business.
If you are serious about making money on day one of laundromat ownership, then make your inquiry today!
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