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Business For Sale

Monster Laundromat/Huge Volume - Great Location!

Union County, NJ, USA

Services: Dry Cleaning & Laundry

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$749,000
$410,000
Not Disclosed
$200,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1980
2
48927950

Business for Sale Overview:

In 15 years we have only had a handful of laundromats of this volume and consistency. Established in 1980, this laundry has done huge volume every year since it opened. It is considered by most to be the only laundry in town. Clean, neat, well maintained. A Major Facelift and 41 new machines over the last 2 years makes this a MUST SEE for anyone interested in the best of the best. OWNER WANTS ALL OFFERS PRESENTED !!

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:

Huge, 4,000 square foot facility; many furnishings updated; tons of parking; beautiful store. 10+ years to lease. 57 Washers & 64 dryers (62 of them new).

Market Competition and Expansion:

Competition: Very unusual situation, because of town restrictions, virtually no competition to speak of. Growth and Expansion: Plenty of room to grow business, especially in the wash and fold and dry cleaning drop off areas, also could add alterations etc.

Reason for Selling:

Other interests.

Additional Details:

  • The property is owned.
  • 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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