Laundromat & Dry Cleaner Ocean County, NJ-26439

Not Disclosed, NJ
Ocean County

Asking Price: Annual Revenue:
$69,900 $120,000

Services: Dry Cleaning & Laundry

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RE: Laundromat & Dry Cleaner Ocean County, NJ-26439 Broker: Gerald Nimberg

Quick Facts

Asking Price: $69,900
Annual Revenue: $120,000
Net Profit: Not Disclosed
Cash Flow: $47,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 23994447
Broker Reference #: 26439

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Business Overview:

A long-established, 50-year-old Ocean County laundry and dry-cleaning service is available. Owners have other interests and wish to put this profitable business up for sale. Run almost completely absentee, experienced help will stay. Or, operate the business and boost earnings. It offers custom tailoring, drop-off dry cleaning, box storage for furs and clothing consignment for additional income. It has laundry service capability, but their large washer and dryer are used entirely to serve their dry-cleaning business. However, for someone younger who is looking to develop the business, it can offer Wash and Fold business now to the public and it has the space to add 3-4 additional washers and dryers to serve a large W & F clientele and even to the point where they offer laundromat service to the public. All business comes from referrals- it does no promotions social media, or space advertising of any kind. Certainly, it would pay to advertise the laundry service. Bring the washers and dryers to the front of the store and make it into a laundromat. Accept credit cards, lengthen the hours, advertise on social media, and greatly expand its cash flow without much cost. It performs cleaning services for the township uniformed services- police, fire, public works, etc. and for school sports uniforms. Much greater effort can be made to expand this within the township and beyond. Highly regarded in the community and in neighboring towns, this business is waiting for fresh blood.

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Reason for Selling:

Other Business Interests.

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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