Hot Listing
Laundromat-Newer Equipment-Excellent Potential- New Brunswick-$149,000
Business Description
ESTABLISHED LAUNDROMAT BUSINESS - EXCEPTIONAL GROWTH OPPORTUNITY
This well-positioned laundromat presents a unique acquisition opportunity NEAR New Brunswick, featuring substantial recent capital investments and untapped revenue potential. The business operates from a professionally maintained retail plaza with ample parking and excellent visibility.
BUSINESS OVERVIEW:
Established operation with over 20 years in business and under current ownership for 6 years. The facility is approximately 1,000 square feet in a prime commercial location with a secure 10-year lease at $3,019 monthly.
EQUIPMENT & INFRASTRUCTURE:
- 21 Commercial Washers:
5 Dexter washers Dexter (2 years)
16 washers averaging 15 years
- 20 Commercial Dryers: Dexter models, 2-3 years old
- Approximately 75% of equipment recently upgraded
- Complete infrastructure including plumbing, heating, gas, and sewer systems
- Automated security features including auto-lock doors
- Mixed attended/unattended operational capability
OPERATIONAL STRUCTURE:
Currently operates at breakeven with minimal owner involvement (20 hours weekly combined). Two staff members handle majority of operational hours. The business maintains both self-service and limited wash-and-fold services.
GROWTH POTENTIAL:
Significant opportunity exists to expand revenue through:
- Enhanced wash-and-fold services
- Pick-up and delivery program development
- Increased operational efficiency
FINANCIAL HIGHLIGHTS:
- Owner investment substantially exceeds asking price
- Breakeven operations indicate immediate profit potential with revenue growth
- New equipment reduces near-term capital expenditure requirements
- Infrastructure value significantly exceeds comparable startup costs
This turnkey operation offers an experienced operator the opportunity to leverage existing infrastructure and recent equipment investments while implementing proven revenue enhancement strategies.
Asking Price: $149,000 - Cash transactions only.
This well-positioned laundromat presents a unique acquisition opportunity NEAR New Brunswick, featuring substantial recent capital investments and untapped revenue potential. The business operates from a professionally maintained retail plaza with ample parking and excellent visibility.
BUSINESS OVERVIEW:
Established operation with over 20 years in business and under current ownership for 6 years. The facility is approximately 1,000 square feet in a prime commercial location with a secure 10-year lease at $3,019 monthly.
EQUIPMENT & INFRASTRUCTURE:
- 21 Commercial Washers:
5 Dexter washers Dexter (2 years)
16 washers averaging 15 years
- 20 Commercial Dryers: Dexter models, 2-3 years old
- Approximately 75% of equipment recently upgraded
- Complete infrastructure including plumbing, heating, gas, and sewer systems
- Automated security features including auto-lock doors
- Mixed attended/unattended operational capability
OPERATIONAL STRUCTURE:
Currently operates at breakeven with minimal owner involvement (20 hours weekly combined). Two staff members handle majority of operational hours. The business maintains both self-service and limited wash-and-fold services.
GROWTH POTENTIAL:
Significant opportunity exists to expand revenue through:
- Enhanced wash-and-fold services
- Pick-up and delivery program development
- Increased operational efficiency
FINANCIAL HIGHLIGHTS:
- Owner investment substantially exceeds asking price
- Breakeven operations indicate immediate profit potential with revenue growth
- New equipment reduces near-term capital expenditure requirements
- Infrastructure value significantly exceeds comparable startup costs
This turnkey operation offers an experienced operator the opportunity to leverage existing infrastructure and recent equipment investments while implementing proven revenue enhancement strategies.
Asking Price: $149,000 - Cash transactions only.
About the Business
- Years in Operation
- 16
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $3,019.00 per month
Listing Info
- ID
- 2474549
- Listing Views
- 29
Listing ID: 2474549 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. See our full Terms of Use. Learn how to avoid scams.
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