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Business for Sale Summary

Gas Station and Laundromat for Sale in New Jersey - 36049

Business Type: laundromats,seller financing available,gasoline service station
Owner Financing
Gas Station and Laundromat for Sale in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $300,000
Gross Revenues $2,102,000 Lease Remaining Register Free to View
Owner’s Cash Flow $181,000 Number of FT Employees Register Free to View


$300,000 Down and A note of $150,000 at 9% for 36 months

Business Description

A gas station with a self serve laundromat is situated in a heavily populated suburb in Salem County, New Jersey. The laundromat operated on its own; no employee or attendant is required.the laundromat has 14 washers and 14 dryers; it also has three gaming machines. The gas station pumps 90,000 gallons a month with a profit margin of .30 cents. rent is $8,000 a month with a 20 year lease. Both businesses are located on one acre of land. There is enough space to build a big convenience store.Seller financing is available. It is a 100% absentee owner; the seller owns several businesses. After paying all the expenses, the seller's net cash flow is over $180,000 a year. Call Syed at 631-374-7686 for more information.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.