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Business for Sale Summary

Profitable Laundromat for sale in NJ - 34003

Business Type: seller financing available,laundromats
Owner Financing
Profitable Laundromat for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $875,000 Down Payment $600,000
Gross Revenues $570,000 Lease Remaining Register Free to View
Owner’s Cash Flow $272,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and $275K financed at 4% for 10 years

Business Description

Absentee Managed, Seller Financing. Owner is Retiring. The owner of a highly profitable 23-year-old laundromat has put his businesses up for sale. Located in Burlington County, New Jersey, this laundromat outdoes all other know laundromats in volume and profits and this year is projected to be even greater. The laundromat is card-operated, and all income and expenses are reported. 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.