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Business for Sale

Laundromat for sale in New Jersey
Middlesex County, NJ

Listing #33856

   
Financial Information (non-confidential)
Asking Price $245,000.00 Gross Revenues $180,000.00
Down Payment $190,000.00 Owner’s Cash Flow $65,000.00

Financing: $190,000.00 Down and $55K at 5% for 18 months

Reason for Selling:Retiring

Seller Financing and Absentee Owned This laundromat is located in Middlesex County, New Jersey; it is run semi-absentee, both husband and wife own their own businesses and work the laundromat a combined total of 24 hours per week. Open 7 days per week, from 7 am to 8 pm, two full-time employees manage the rest. The laundromat is spacious, 2880 sq. ft., off-street parking in this strip mall is plentiful. The laundromat boasts 34-coin operated washers and 36 dryers and offers wash and fold and drop-off dry cleaning services The Seller has had the business for 11 years and each year he replaces several washers and dryers to keep the machines running with minimum downtime. Fully half the washers are six years old or less. The business needs an owner-operator to add vending machines and market the service. For more information, call Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.
Gerald Nimberg
Senior Business Broker
646-269-4616
gnimberg@vestedbb.com
Servicing Area:
Burlington County, NJ
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
Gerald Nimberg

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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