Laundromat & Dry Cleaner in One
| Asking Price: | $375,000 | Inventory: | |
| Gross Revenue: | $300,000 | Real Estate: | n/a |
| Cash Flow: | $167,000 (comments below) | FF&E: | $350,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Includes owners salary. | |||
Location, Location, Location. The best priced laundromat in NJ. Located in the heart of an affluent community. It is 1 block to downtown and 1 block to the train station. Extremely profitable business. Lots of upside potential for owner operator to grow the business with various marketing opportunities. This business has numerous business accounts for wash/fold and dry clean. As a result of the business location, the business can grow dramatically.
The store is divided into 2 sections with separate entrances. One space is for coin laundry and the other space is for wash/fold and dry clean.
Business breakout is as follows:
Wash/Fold - 40%, Coin Laundry - 33%, Dry Clean - 27%.
The store is divided into 2 sections with separate entrances. One space is for coin laundry and the other space is for wash/fold and dry clean.
Business breakout is as follows:
Wash/Fold - 40%, Coin Laundry - 33%, Dry Clean - 27%.
About the Business
Employees:2 full time - 1 part time
Facilities:3000 ft2. Located in prime location in upscale community. All equipment in excellent condition. Has 20 washers, 24 dryers, Multimatic dry clean machine.
Market Outlook and Competition:Marketing efforts and promotional opportunities and other product/service offerings can grow the sales by 50%.
About the Sale
Reason For Selling:Other business opportunities.
Seller Financing:N/A
KEYWORDS: Laundromat, dry clean, dry cleaner
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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