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Asking Price$295,000
Revenue$287,000 Established2008
Cash Flow$91,000 Employees1 full, 1 part
FF&E$225,000 FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33974

Reasons to Love this Laundromat: Absentee Owned, Management in Place, Growing Year by Year, Provable Volume, Detailed Tax Returns, P & L Statements, Financeable, Provides Unique Commercial Service with Considerable Growth Potential. Located in Ocean County, New Jersey, this established, 45 years young, laundromat is up for sale. Ownership is retiring. Equipment is virtually all new: 22 washers and 26 dryers are all less than six years old. Washers range in size from 20 to 77 lbs to handle any size load. State of the Art tankless water heating system that shuts off at night to cut costs. Accurate measuring and dispensing system that controls loading of soaps, softeners, detergents, bleach and stain removers- operator free, add coin and walk away- designed for major hotels to lower labor costs and minimize material costs. Energy efficient bulbs. Equipped with a modern alarm and video surveillance system. And the air conditioning system is new. There is not another commercial laundromat like it; capacity to process large volume commercial accounts is unmatched; reputation in that sector is likewise unmatched. Drive long distances in any direction before you find another laundromat like it and that will not change. The cost of starting a new laundromat will exceed $750,000. Work the business, cut payroll and generate even greater income. For further information, contact Gerald Nimberg at 646-269-4616 for more information.

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Training/Support:Seller will train
Sale Reason:Retirement
Ad #126232
Seller Reference #33974
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