581 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Established Laundromat For Sale

Middlesex County, New Jersey, United States
Photos Website Map
Asking Price$35,000
Revenue$65,000 EstablishedUndisclosed
Cash Flow$20,000 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This 20-year old Middlesex County laundromat is absentee owned and managed.Profitable as is, it becomes even more so for an owner-operator who can cut payroll and advertise the service. There is absolutely no advertising done of any kind. Also, there is room to sell soaps and add a dry-cleaning, drop-off location to further increase profits. The current owner has owned this business for less than one year. He owns and operates a second laundromat in Staten Island where he lives. Owning a second laundromat has proved too much for him and he has decided to sell. The income and expenses reported to us suggest a higher profitability than we listed. Cut payroll, advertise, add soap sales and dry-cleaning and recoup your investment in one years time. Equipment includes 14 Maytag washers and 18 Maytag dryers all in working condition. Of the dryers, 2 are 50 lbs, 4 are 35 lbs, 4 are 22 lbs and 8 are 18 lbs. Please contact the broker at 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:The seller will train the new owner.
Seller Financing:$35,000.00 Down and Terms to be determined
Ad #99929
Seller Reference #30611
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Gerald Nimberg
Email Address