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Asking Price$125,000
Revenue$120,000 Established2017
Cash Flow$30,800 Employees1 full, 2 part
FF&E$135,000 FranchiseNo
Inventory$500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 34802

This well established boutique laundromat is located in Essex County, NJ offering 19 coin operated washers and 10 dryers to walk in customers. The business runs 7 days per week including holidays due to automatic doors which opens at 6 am and closes at 10 PM. In order to minimize labor costs, the current owner has a part time attendant. There is also wash and fold which represents 40% at this time, but is growing every year thanks to many upgrades including speed queen dryers and large machines, water heater upgrade, roof top unit and cash machine. One full time and two part time attendants keep the business running smoothly with little owner oversight. Doesn't this sound like a great business? It is! Call today and it could be your new business. Seller retiring.

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Training/Support:Seller will train
Seller Financing:75,000.00 Down & 50K at 6% over 60 months
Sale Reason:Retiring
Ad #137810
Seller Reference #34802
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Vested Business Brokers
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