Established Laundromat in Middlesex County, NJ
Middlesex County, NJ

Financing: $35,000.00 Down and Terms to be determined

Reason for Selling:

This 20-year-old Middlesex County laundromat is absentee owned and managed. Profitable as is, it becomes even more so for an owner-operator who can cut payroll and advertise the service. There is absolutely no advertising done of any kind. Also, there is room to sell soaps and add a dry-cleaning drop-off location to further increase profits. The current owner has owned this business for less than one year. He owns and operates a second laundromat in Staten Island where he lives. Owning a second laundromat has proved too much for him, and he has decided to sell. The income and expenses reported to us suggest a higher profitability than we listed. Cut payroll, advertise, add soap sales and dry-cleaning and recoup your investment in one year's time. Equipment includes: 14 Maytag washers and 18 Maytag dryers, all in working condition. Of the dryers, two are 50lbs, four are 35lbs, four are 22lbs and eight are 18lbs. Please contact the broker at 1-877-735-5224 for more information.

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. kg