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Neighborhood Laundromat In Middlesex County For Sale

Middlesex County, New Jersey, US
Asking Price:
$349,000 (USD) Inventory / Stock included
Sales Revenue:
$150,000 (USD)
Cash Flow:
$25,000 (USD)

A laundromat located in a beautiful section of Middlesex County, New Jersey is available. This is a busy (packed Monday afternoon), clean, efficient operation and one that draws heavily on college students and local commercial accounts for its wash and fold business. The business is equipped with 25 five-coin operated washers, of which 18 are new, and 26 dryers along with a staff of 2 excellent full-timers and 1 part-time driver who picks up and delivers. Sales have grown considerably year-to-year under the owner who acquired the business a few short years ago and is now looking to move on to his next challenge. This appears to be a pleasant place to work for any buyer who is willing to work the business both to cut costs and/or to expand its wash and fold reach to other schools and to other commercial accounts. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34187 for instant access to this business information.

Business Operation

Reasons for selling:

Other Interests

Employees:
2FT/1PT
Years established:
2017

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

175,000.00 Down & $175K financed at 8% over 5 years to a qualified buyer

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$300 (USD) - included in the asking price

Contact Vested Business Brokers HQ

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