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Business For Sale

Package Deal Southern Jersey Laundromats

Cumberland Co., NJ, USA

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,995,000
Not Disclosed
Not Disclosed
$275,247
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
7
48152979

Business for Sale Overview:

Sold as package with #3658vm. This well planned and equipped Laundromat is a model for Laundromats to be built in the future. Loaded with equipment all Dexter 21 (30lb.) Double stacked dryers (42) all commenced washers – 12 (18 lb.) Double front loading washers – 14 (25lb.) triple load front loaders – 6 (40 lb.) max front loaders 4 (55lb.) mega front loaders – 2 standard Maytag commercial washers 3 TV – coffee/beverages/snack/soda and 5 areas of games (income figures in total sales amounts). Place loaded with extra cart chairs benches. All existing equipment is being sold in working order and in “as is” condition. 1 acre of property that this money maker of Laundromat is sitting on has been approved for two construction pads, one which present owner would sell to buyer for an additional $300,000 (1,200 square feet to be built on it) second approved site would come with purchase. Place has $500,000 new BTV Hot water heater 120 gallons. Figures from income tax.

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.

Market Competition and Expansion:

Competition: This is it has drowned out competition. Expansion: Since Laundromat sits on one acre of land and two building pad sites have been approved further development and construction.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not 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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