No.Jersey Laundromat - CASH COW!
Seller Financing Available
Asking Price:   $575,000Inventory:   $1,000 ++
Gross Revenue:   $420,000Real Estate:   n/a
Cash Flow:   $125,000FF&E:   $750,000 ++
++ included in the asking price         ** not included in the asking price
Money Maker! Financing available! Assumable third party financing available with 50% down payment! Laundromat located in a very busy strip center. Full service 4,800 sq ft Super Laundry fully equipped with 125 nearly new (four years old) Speed Queen washers and dryers, the most energy efficient! A new internet machine just installed, 4 video games, a scale for personal weight, 1 soda machine, 1 snack machine. No coins needed! This beautiful laundromat is equipped with a state-of the-art card system. 3 Attendants on premises part time to do wash and fold and clean! Doors open/close, lights come on and alarm all set automatically. No attendant needed early morning or late at night to open or close the store. Store has 24 hour video surveillance.

This Laundromat is so squeaky clean it shines! Operated with minimal part time owner involvement! Close to both residential and commercial areas, perfect for someone looking to increase the business by advertising. Great opportunity to own a turnkey business! Well established Laundromat – Wash and fold service - advertising could double this business! Lots of upside opportunity! This is a CASH COW!
About the Business
Year Established:2004
Employees:3 part time
Facilities:4,800 sq. ft. laundromat
About the Sale
Management Training and Support:Owner will stay to insure a smooth transition
Reason For Selling:Moving
Seller Financing:Seller Will Help A Qualified Buyer With Some Financing

KEYWORDS: laundry, wash, dry clean, clean, coin op, owner financing, seller financing


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Seller ID:23069
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Business Listed By
Liliane Tietjen  |  Patriot Business Advisors
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