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Business For Sale

Summer Rental Laundry, Laundry, Investor

Ocean County, NJ

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$125,000
$111,446
Not Disclosed
$51,846
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1980
2
7832979

Business Overview:

Centrally located on the barrier Island between Seaside Heights and Point Pleasant this seasonal business makes enough money to take the winters off! Clean self-service Laundromat with dry cleaning drop store, and wash and fold service. Very clean, well lighted, and perfect for investor who only wants to work part of the year and have the rest off. Excellent visibility on Main Highway in the heart of the summer rental area. At this location for over 30 years with a proven earnings record. Very well presented. Note: Verifiable cash flow. See Bill for details. Target buyers: school teachers wanting summer employment, older buyers wanting to stay active and earn income, owners of other Laundromats wanting to increase revenue, Investors in Jersey shore area desiring cash business. Owner desires a full cash sale but will consider reasonable financing offers.

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:

Approximately 2,000 square feet, rent is $1,600 per month, 5 year lease with 5 year option, location completely renovated in 2004

Market Competition and Expansion:

Competition Excellent summer rental area Expansion No

Reason for Selling:

Bought 7 years ago as retired police. Wants to ret

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: