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100% Absentee Laundromat For Sale

Cumberland County, New Jersey, United States
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Asking Price$109,000
Revenue$45,000 Established1976
Cash Flow$10,000 EmployeesUndisclosed
FF&E$165,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
ATTENTION BUYERS THAT WANT TO OWN A LAUNDROMAT ? ABSENTEE!! This Laundromat is 100% absentee, fully automated and completely a self-operation service with magnetic door timer to open and close including a full security system for everyone?s protection. The location could not be better than this plaza with plenty of parking on a major arterial road next to an intersection across the street from an apartment complex. It is also surrounded by other major pull businesses, churches, schools, golf courses, and just of state highway. There are no cost of goods sold, no payroll, low expenses and overhead, and is currently returning a 46% return on income. The new owner can definitely increase revenue and profits by increasing awareness through social media, advertising, promotions, added services like wash and fold, and pick-up and drop off services. And it gets better, No competition for at least 6 miles away, and the seller will finance 50% of sales price. This is absolutely the time to own a Laundromat with little to no money out of pocket, and little time needed to run the business. Please call me and let me know if you can find a better opportunity than this!! For more information and a no obligating meeting with the seller, please call 1-877-735-5224.

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.
Training/Support:Seller is willing to train new owner.
Seller Financing:109,000.00 Down & Asset sale. All cash at closing.
Sale Reason:Personal
Ad #73491
Seller Reference #25858
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