MergerPlace

Best By Far Laundromat

New Jersey (Ocean)


  • Asking Price: $237,711
  • Gross Income: $195,800
  • Cash Flow: $38,352
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $165,000
  • Listing ID: #208738
  • Established: 50
  • Employees: 3

Business Description

High traffic Laundromat located in fully rented strip mall that includes a Post Office, QuickCheck, and recently expanded RiteAid. Business is 50 years old. Due to growing family responsibilities current owner will become a stay at home mom. Store was completely renovated in 2012 including new floors, walls, plumbing, lighting, and machines. Many Garden Apartments in walking distance. Machines include 28 Huebsch washers and 28 Huebsch stack dryers. Complete equipment list available including ages. Contact Bill Friedman for further details – 973-270-4375.


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey
County: Ocean

Company Information

Year Established: 50
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $237,711
Gross Revenue: $195,800
Cash Flow: $38,352
FF&E: $165,000
Seller Financing Available: No

Property Information

Facilities:

Completely renovated in 2012 including new floors, walls, plumbing, lighting and machines. Lease 2 years + 5+5. Great parking lot.

Competition:

Average

Reason for selling:

Family responsibilities - current owner will become stay at home mom

Support & Training:

If necessary

Contact Business Seller

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Business Listed By:

Bill Freidman

Executive Business Brokers