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Business For Sale

Laundromat (Sussex County)

Sussex County, NJ, USA

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$220,000
$175,000
$75,258
$75,258
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
3pt
96992979

Business for Sale Overview:

Most laundromats are overpriced for their dollar return on investment. Here is a busy laundromat where owner would take financing from a competent buyer. New owner / operator can easily pull out over $90,000 net profit by keeping operation as is but stay active in it. Wash & fold can be increased with pick up and delivery non at present has no advertising or promotions. Easy for a novice full time operator to increase sales and profit in their going business. 26 washers (3-60lb huebsch), 27 dryers mix of 10 year old and brand new equipment.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

2,000 sq. ft. beehive of activity laundromat, good lease 8 yr+ in a small strip mall. Good mix of equipment new and old.

Market Competition and Expansion:

This store (laundromat) has more action and customers than other similar facilities in area. At present, no promotion or advertising. No pick-up area. Can use it across street from town hotel. Can easily pick up extra business then.

Reason for Selling:

Owner has steady job with too many hours.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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