Laundromat
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $175000
Net Profit / Cash Flow $75258
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Inventory 400
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks.
Reason for Sale Wants to sell. Owner has steady job with too many hours.
Description Most laundromats are overpriced for their dollar return on investment. Here is a busy laundromat where owner would take financing from a competent buyer. New owner / operator can easily pull out over $90,000 net profit by keeping operation as is but stay active in it. Wash & fold can be increased with pick up and delivery non at present has no advertising or promotions. Easy for a novice full time operator to increase sales and profit in their going business. 26 washers (3-60lb huebsch), 27 dryers mix of 10 year old and brand new equipment. Contact for more information on this laundromat for sale.
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