Laundromat - Fantastic Opportunity
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $216000
Net Profit / Cash Flow $102000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1970
Number of Employees 4 - 5
Inventory 250000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 14 days or as needed.
Reason for Sale Exploring other opportunities.
Description Well established Laundromat in Middlesex County for sale. This is your opportunity to make a fantastic return without the long hours and stress! Owner is 99% absentee. Great cash flow and pristine store make this the best Laundromat investment around. Laundromat is located near thousands of apartments in a strip mall that includes numerous restaurants and other service businesses that attract customers. A little extra marketing could easily boost revenue. Services include coin laundry, wash and fold, and delivery service with many accounts. Impeccable records verifying all income and expenses. All equipment is two years old and higher end. Truly an unbelievable investment.
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