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Business for Sale

Boutique Laundromat for sale in New Jersey
Essex County, NJ

Listing #34802

   
Financial Information (non-confidential)
Asking Price $125,000.00 Gross Revenues $120,000.00
Down Payment $75,000.00 Owner’s Cash Flow $30,800.00

Financing: $75,000.00 Down and 50K at 6% over 60 months

Reason for Selling:retiring

This well established boutique laundromat is located in Essex County, NJ offering 19 coin operated washers and 16 dryers to walk in customers. The business runs 7 days per week including holidays due to automatic doors which opens at 6 am and closes at 10 PM. In order to minimize labor costs, the current owner has a part time attendant. There is also wash and fold which represents 40% at this time, but is growing every year thanks to many upgrades including speed queen dryers and large machines, water heater upgrade, roof top unit and cash machine. One full time and two part time attendants keep the business running smoothly with little owner oversight. Doesn't this sound like a great business? It is! Call today and it could be your new business. Seller retiring.

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.
Nathan F. Goldstein
Senior Business Broker
1-877-735-5224
NGoldstein@vestedbb.com
Servicing Area:
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Nathan F. Goldstein

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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