Business For Sale

Best By Far Laundromat

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$237,711 $195,800

Services: Dry Cleaning & Laundry


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RE: Best By Far Laundromat Broker: Bill Freidman

Quick Facts

Asking Price: $237,711
Annual Revenue: $195,800
Net Profit: Not Disclosed
Cash Flow: $38,352
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 50
Employees: 3
BBN Listing #: 23142979
Broker Reference #: 6232BF

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Business Overview:

High traffic Laundromat located in fully rented strip mall that includes a Post Office, QuickCheck, and recently expanded RiteAid. Business is 50 years old. Due to growing family responsibilities current owner will become a stay at home mom. Store was completely renovated in 2012 including new floors, walls, plumbing, lighting, and machines. Many Garden Apartments in walking distance. Machines include 28 Huebsch washers and 28 Huebsch stack dryers. Complete equipment list available including ages. Contact Bill Friedman for further details.

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Property Features and Assets:

Completely renovated in 2012 including new floors, walls, plumbing, lighting and machines. Lease 2 years + 5+5. Great parking lot.

Market Competition and Expansion:

Average

Reason for Selling:

Family responsibilities - current owner will become

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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Disclaimer:

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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