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Business for Sale

100% ABSENTEE Laundromat
Cumberland County, NJ

Listing #25858

   
Financial Information (non-confidential)
Asking Price $109,000.00 Gross Revenues $45,000.00
Down Payment $109,000.00 Owner’s Cash Flow $10,000.00

Financing: $109,000.00 Down and Asset sale. All cash at closing.

Reason for Selling:Personal

ATTENTION BUYERS THAT WANT TO OWN A LAUNDROMAT ? ABSENTEE!! This Laundromat is 100% absentee, fully automated and completely a self-operation service with magnetic door timer to open and close including a full security system for everyone?s protection. The location could not be better than this plaza with plenty of parking on a major arterial road next to an intersection across the street from an apartment complex. It is also surrounded by other major pull businesses, churches, schools, golf courses, and just of state highway. There are no cost of goods sold, no payroll, low expenses and overhead, and is currently returning a 46% return on income. The new owner can definitely increase revenue and profits by increasing awareness through social media, advertising, promotions, added services like wash and fold, and pick-up and drop off services. And it gets better, No competition for at least 6 miles away, and the seller will finance 50% of sales price. This is absolutely the time to own a Laundromat with little to no money out of pocket, and little time needed to run the business. Please call me and let me know if you can find a better opportunity than this!! For more information and a no obligating meeting with the seller, please call 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Vested Corporate
Senior Business Broker
1(877) 735-5224
corporate@vestedbb.com
Servicing Area:
This Broker is Servicing All of States
Vested Corporate

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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