For Sale: Commercial Laundromat

Not Disclosed, NA Not Disclosed

Asking Price: $3,500,000

Annual Revenue: $2,387,997

Services: Dry Cleaning & Laundry

◄ Back to Search Results

Request More Information Contact the Seller

RE: For Sale: Commercial Laundromat
Contact: Douglas Bodner

Quick Facts

	Asking Price:	$3,500,000
	Annual Revenue:	$2,387,997
	Net Profit:	Not Disclosed
	Cash Flow:	$1,038,279
	Total Debt:	Not Disclosed
	FF&E:	5,000,000
	Real Estate:	Not Disclosed
	Year Established:	30
	Employees:	30
	BBN Listing #:	56042979
	Broker Reference #:	20995DB

Email or Print Listing

Business Overview:

Well established 30 year Commercial and Retail Laundromat located in Union county, NJ with a trending NET $1,000,000 ( /-) annually for 2023 with recurring income. 127 machines all under 5 years old with new dryers. Very diversified portfolio as there is retail coin operated laundromat 16% on one side, and a commercial laundry facility 52% on the other side servicing established hotels, restaurants 12%, and wash and fold pick-up and delivery service 17% as well as dry cleaning 3%. Lots of opportunities for growth on the revenue side, very little marketing.

-1.2 Million Downpayment for interested buyers
-Seller Financing Available.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

-7,000 square-foot Commercial and laundromat facility laundromat takes up about 3000 ft.² and the commercial side is about 4000 ft.² all equipment is less than five years old -Long Lease available -Competition in market -Very little competition -Expansion potential -This company is well-established and does not do any advertising, new owner operator can expand into more hotels, restaurants and residential pick up and delivery business.

Market Competition and Expansion:

-Very little competition.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

Documents:

Download Broker Non-Disclosure Agreement (NDA)

Relevant Links:

Request More Information

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!