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Business For Sale

Huge Potential Laundromat with Property

Ocean, NJ

Services: Dry Cleaning & Laundry

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$260,000
Not Disclosed
$84,600
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1980
3
42427362

Business Overview:

- Spacious 4,000 sft floor consists of 49 washers and 48 dryers , all of which are approximately 3-9 years old and in excellent working condition. - In-house dry cleaning store equipped with 2 x 35 lb dry cleaning machines and 2 steamers. There is no dry cleaners nearby so that this store has huge upside potential to grow. - Total 22,500 sft land is directly on major highway and accommodates over 35 parking. - Currently operated absentee ownership with manager. - Perfect opportunity to own a property by rent amount. - Extra revenues being seen if more attention/management given to dry cleaning section. - Another extra income is possible by installation of vacuum machines for cars at parking lot. - Average weekly sales $4,900 - Lots of beach hotel/motels can be extra revenue stream. - Yearly NOI: $84,600 - Asking Price of Business: $250,000 - Asking Price of Property: $700,000 - Together Total $950,000 (15% down will buy both) Due to heavy volume of calls, you are strongly recommended to email/fax broker BCA first to obtain a fact sheet.

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.

Reason for Selling:

Retiring

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.

Resources: