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Listing ID: 3228495

Laundromat in Ocean County, NJ-32970 For Sale

Ocean, New Jersey, United States

$ 180,000

Revenue: $ 180,000

Cash Flow: $ 62,000

Business Description

A well-established laundromat in Ocean County, New Jersey has become available.The owner has made considerable investment in replacing the older washers and dryers, all of the 26 washers are less than 8 years old, most are in the 2 to 4-year range. Of the 28 dryers, 22 are in the 4-year range and 6 are -13-years old. Further, space is available to add a second 60 lb. washer which is in demand. Plumbing and electric has been run to the site.All income and expenses are provable which is a rarity in this business.The owner has reached an age where he no longer wishes to drive the more than 150 miles back and forth between home and work. He does this 4-days per week and hires staff 3.5 days. Want greater income, cut the part-timers.

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.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32970 for instant access to this business information.

Property Details

Years Established:

1989

FF&E:

$ 240,000

Inventory Value:

$ 3,000

Operation Details

Employees:

2PT

Support & Training:

Seller will train

Miscellaneous

Financing Available:

Yes
180,000.00 Down &

Reason For Selling:

Retiring

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