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Business for Sale Summary

Neighborhood Laundromat for sale in Burlington Co - 34007

Business Type: other personal services,laundromats
Neighborhood Laundromat for sale in Burlington Co
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Financial Information (non-confidential)

General Information
Asking Price $285,000 Down Payment $285,000
Gross Revenues $224,000 Lease Remaining Register Free to View
Owner’s Cash Flow $28,279 Number of FT Employees Register Free to View


$285,000 Down and

Business Description

Absentee Owned. Financeable. Located in Burlington County, New Jersey, the owner of this profitable, 22-year-old laundromat has put his businesses up for sale. Workforce is stable and long-term; favorable landlord and lease extensions beyond the 5 years remaining are all but assured. The business was off last year due to the Pandemic but a return to its historic numbers is expected. There is no advertising for each of these businesses. Certainly, social media and internet advertising promoting commercial wash and fold business, pick-up and delivery service, and dry cleaning drop-off will enhance revenues and profits. Seller financing and bankable statements should make this an easy acquisition target. 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.