Laundromat & Dry Cleaner Ocean County, NJ - 26439

Financing

$69,900 Down and

Business Description

A long-established, 50-year-old Ocean County laundry and dry-cleaning service is available. Owners have other interests and wish to put this profitable business up for sale. Run almost completely absentee, experienced help will stay. Or, operate the business and boost earnings. It offers custom tailoring, drop-off dry cleaning, box storage for furs and clothing consignment for additional income. It has laundry service capability, but their large washer and dryer are used entirely to serve their dry-cleaning business. However, for someone younger who is looking to develop the business, it can offer Wash and Fold business now to the public and it has the space to add 3-4 additional washers and dryers to serve a large W & F clientele and even to the point where they offer laundromat service to the public. All business comes from referrals- it does no promotions social media, or space advertising of any kind. Certainly, it would pay to advertise the laundry service. Bring the washers and dryers to the front of the store and make it into a laundromat. Accept credit cards, lengthen the hours, advertise on social media, and greatly expand its cash flow without much cost. It performs cleaning services for the township uniformed services- police, fire, public works, etc. and for school sports uniforms. Much greater effort can be made to expand this within the township and beyond. Highly regarded in the community and in neighboring towns, this business is waiting for fresh blood.

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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.