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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New Jersey Businesses For Sale Categories   >>   

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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