Business For Sale

Card System Laundromat

Not Disclosed, NJ
Middlesex County

Asking Price: Annual Revenue:
$250,000 $366,706

Services: Dry Cleaning & Laundry

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RE: Card System Laundromat Broker: Douglas Bodner

Quick Facts

Asking Price: $250,000
Annual Revenue: $366,706
Net Profit: Not Disclosed
Cash Flow: $63,556
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 9
Employees: Not Disclosed
BBN Listing #: 66172979
Broker Reference #: 6053DB

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Business Overview:

State-of-the-art 4,000 square-foot card system laundromat 50 washers 52 dryers all manufactured by speed queen 7 years old!. Located in a busy inner city foot traffic setting; completely automated surveillance camera accessible from smart phone automatic doors card system etc. An owner’s touch could really increase sales and profits as the current owners run the laundromat 100% absentee. Bank financing for qualified buyer. Added back $19,000 to bottom line to reflect a semi owner operator replacing 30 hours a week in payroll. Call Doug today to take a tour. Sellers can demonstrate all financials. Landlord will extend lease.

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Property Features and Assets:

4,000 square feet. Laundromat with 102 machines card system; Landlord willing to extend lease; all equipment is 8 years old.

Market Competition and Expansion:

Demographic warrant this business and there is competition in area. Laundromat is run completely absentee and a new owner can increase business.

Reason for Selling:

Other business ventures.

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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