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Established Laundromat in Ocean County, NJ - 31244 for sale in NJ

New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 210,000 $ 300,000 $ 86,000

Furniture and Fixtures Value:
$ 300,000 (included in the asking price)

Inventory Value:
$ 4,800 (included in the asking price)

Business Summary:
New washers, new dryers, state of the art water heating system, growing by 20% per year, cash flow rising to $148,000 before factoring further growth. Absentee owned, management in place, seller financing. There is not another one like it; better yet, there is not another one anywhere near it much less like it. Drive long distances in any direction before you find another Laundromat and then continue to drive into the next county and hope to find a Laundromat that provides the same type of service; the same profit; the same opportunity for further (and, I mean substantial) growth and then, with absentee ownership, management in place, and with Seller financing to boot. This established, 41 years young, Laundromat is up for sale. Ownership is retiring. For further information, contact Gerald Nimberg, Senior Vested Business Broker, 877- 735-5224 for more information. 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

 

   
Number of Employees: 2 FT  
   
Seller Reference Number: bm506015546
BusinessMart.com Listing Number: 236498
 

 

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Vested Business Brokers
631-265-7300

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