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#Business ID: 20326

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Laundromat - Outstanding Opportunity

Business Location: Somerset, New Jersey, United States

Asking Price: $ 150,000 Revenue: $ 132,000 Cash Flow: $ 70,704

Business Summary

Automatic locking doors, security cameras that are hooked up to internet. Owner can monitor employees from home. Vending machine for laundry detergent that yields a 75% profit. New owner can market directly to residences in town and continue to grow wash and fold and dry cleaning. Two change machines. New owner can add lotto, ATM, and vending machines. This Laundromat includes 16 washers and 19 dryers. The Laundromat also provides a pick-up and delivery commercial service to 5 distinct locations.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

2010

Property Type:

Lease

Other Business Details

Premise Details:

Ten year lease with ten year option. Plenty of parking, 1,000 square feet, all washing machines and dryers are in good condition. Building is also is good condition.

Competition:

Competition - Some Laundromats in the area. Expansion - Outstanding opportunity for owner/ operator. New owner can market to residences in town and surrounding area and continue to grow wash and fold and dry cleaning business.

Business Operation Details

Employees:

3

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Seller has other interests.

Contact this seller

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