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Businesses For Sale > Business For Sale in Monmouth County, New Jersey (NJ)

Beautiful Laundromat for sale in Monmouth County, NJ

Monmouth County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 240,000 $ 200,000 $ 60,000

Business Summary:
Clean, Well Maintained Laundromat in busy strip mall. Perfect for owner operator or anyone looking to buy their first laundromat. 2750 square feet. 29 washers/36 dryers. Sales: 49% coin, 43% wash and fold, 7% dry cleaning (not done on premises), 1 % other. Open 6am-9:30pm daily (last wash 8pm). Closed Holidays.

 
   
Year Business was Established: 2000
   
Number of Employees: 4 PT  
   
Facilities / Terms of Lease: current 5 year term ends july 2022 with another 5 year term to 2027. Landlord will give unlimited 5 year terms  
   
Potential Growth/Expansion: Business can be expanded by adding commercial accounts, Tailor, pickup/delivery  
   
Competition: other laundromats in area but not well maintained  
   
Owner willing to finance: no  
   
Owner willing to train: yes-2-3 weeks  
   
Reason for selling: retirement  
   
Seller Reference Number: bm1817123483
BusinessMart.com Listing Number: 253066