Laundromat & Dry Cleaner in One
Location: New Jersey > Monmouth County
Industry: Personal > Dry-Cleaning and Laundry
Financials
Asking Price: $375,000
Gross Revenue: $300,000
Cash Flow: $180,000
Cash Flow Comments: Includes owners salary.
Inventory: $5 (Not Included in Asking Price)
FF&E: $250,000 (Included in Asking Price)
Seller Financing: N/A
Business Summary
Location, Location, Location. 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
Management Training and Support: To be determined.
Reason For Selling: Other business opportunities.
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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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