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Business for Sale Summary

Laundromat for sale in Middlesex County - 33642

Business Type: laundromats
Laundromat for sale in Middlesex County
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This business has received 80 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $595,000 Down Payment $595,000
Gross Revenues $350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$595,000 Down and

Business Description

A well-established, 23-year old laundromat located in Middlesex County, New Jersey has just come on the market. This coin-operated laundromat is equipped with high-end washers (35) and dryers (44) all in good order. The facility is clean, and the employees are nice according to one customer review. Situated in a very busy strip mall which provides off-street parking for more than 50 cars, this laundromat has plenty of room to grow despite its years. Except for one soda machine at the very far end of the shop, it offers none of the amenities common to businesses of this type. No lottery, cigarettes, ATM or (really) vending machines. And it turns away Wash and Fold business. Profitable nonetheless, an owner with energy will make this business so much more. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.