1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Laundromats
Business for Sale Summary

Neighborhood Laundromat for sale - 34187

Business Type: seller financing available,laundromats
Owner Financing
Neighborhood Laundromat for sale
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 47 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $349,000 Down Payment $175,000
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $25,000 Number of FT Employees Register Free to View


$175,000 Down and $175K financed at 8% over 5 years to a qualified buyer

Business Description

A laundromat located in a beautiful section of Middlesex County, New Jersey is available. This is a busy (packed Monday afternoon), clean, efficient operation and one that draws heavily on college students and local commercial accounts for its wash and fold business. The business is equipped with 25 five-coin operated washers, of which 18 are new, and 26 dryers along with a staff of 2 excellent full-timers and 1 part-time driver who picks up and delivers. Sales have grown considerably year-to-year under the owner who acquired the business a few short years ago and is now looking to move on to his next challenge. This appears to be a pleasant place to work for any buyer who is willing to work the business both to cut costs and/or to expand its wash and fold reach to other schools and to other commercial accounts. For more information, contact 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 registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.