Excellent business opportunity for this highly profitable laundromat located in an...  Read More

Excellent business opportunity for this highly profitable laundromat located in an affluent city of Essex County, New Jersey. The business has a yearly gross income of $294,000 and a net income of $88,000. The laundromat is conveniently located in a commercial mall with various other successful businesses. This successful business represents 80% of its income is wash & fold with a highly active five day pickup and delivery service. The business offers Organic Dry Cleaning, Laundering shirts and Wash & Fold Laundry Services, they clean comforters, tablecloths, linens, blankets, drapes, suede, leather, area rugs and most anything you can think of. They offer many services including alterations, retail product sales and will gladly recycle your hangers. This laundromat business has one employees who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $5,000. The business opportunity will offer a new ten year commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $6,286 and rent security $10,000. The business is conveniently located in a commercial mall which consists of 2,000 square feet and has a capacity for approximately fifty customers. The sale includes a fully equipped commercial laundromat retail store, which consists of 25 washers, 25 dryers, shelving, accounting system, tables, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.The facility has appropriate private mall parking on site as part of the commercial lease. The business is active six days, closed Sunday, with hours from 8:00 am to 8:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required city licenses to conduct its day to day business. The owner will remain post-closing for 30 days and supply a transitional period.This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 39% investment return to the owner operator prior to debt service. The 2014 yearly gross income is $294,000 and the business has a yearly net income of $88,000 based on an owner operator and prior to debt service. The business has been valued at $199,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Nice Location with self parking at the front of the store, 24/7, Computerized Operating...  Read More

Nice Location with self parking at the front of the store, 24/7, Computerized Operating Card System, Well Established, All machines upgraded with energy efficiency for Saving utilities Bills such as Water, Gas and Electric etc................"LAUNDRY PROFESSIONAL SYSTEM" - A subsidary company of Blue Roof Associates Inc. ( New York Licensed Real Estate Broker Firm) is specialized in Selling Existing Laundromat, Building New Laundromats (Turn- Key with income projection provided), Reparing & Selling Pre- Owned Machines with very competitive price and financing as well. Also Many Listing Available. Please contact us. 877-539-3226 FREE FREE FREE  Read Less

ESTABLISHED Dry Cleaning business. Same location 20+ years. 2014 Reported Net Profit @...  Read More

ESTABLISHED Dry Cleaning business. Same location 20+ years. 2014 Reported Net Profit @ $61,572. Steady flow of loyal customers. Hours are M-F 8:30 - 6:00, SAT 9:30 - 3:30. Currently 2 employees and 1 owner work at the store. Owner oversees counter and bagging.  Read Less

DescriptionOpen since 1948 - current owners had it for over 22 years. Located in the...  Read More

DescriptionOpen since 1948 - current owners had it for over 22 years. Located in the center of local shopping area in an upper middle class residential neighborhoodSteady business all year round - holds 11 accounts with various establishments (residential & business management companies) - all retail priced services!Comes fully equipped with all machines - dry cleaner, presser, Susie, etc...
Annual Gross Revenue: $ 300,000Cash Flow/Net Income : $ 110,000
Lease Remaining: 7 years (Negotiable)
Sq. Feet: 1,200Rent: $ 2,500 (No RE Tax)
For More Listings: www.ngurealty.com  Read Less

Stand-alone building with 10 car parking. Maytag equipment 2 years old. 22 washers. 11/18-...  Read More

Stand-alone building with 10 car parking. Maytag equipment 2 years old. 22 washers. 11/18- 6/35- 5/40. 3 year warranty left. 19 dryers 30lbs. 2 Boilers (6 months old) 100/ 50 gallon located in basement. Business keeps growing. Also has, soap, coin 2 Plasma TV’s, surveillance system. After purchase, Owner put in over 140K in new equipment and upgrading. W/F 8,500 receives 7,500 for parking rental. Sells vending from office. Does radio ads-worthless. Owner does all hours- neighbor fills in when needed. Other income salary 15,600, parking 7500, vending 2000, candy 600. No increase in rent at present.  Read Less

This is a fantastic Laundromat for a seasoned operator to run absentee, or a full-time...  Read More

This is a fantastic Laundromat for a seasoned operator to run absentee, or a full-time operator looking for any even stronger stated net profit. This is truly a turnkey laundromat. Walk in - simple change of ownership - no immediate attention is needed to the laundromat other than your creative ways to grow upon the already stable and strong business. The sellers books and records, tax returns, POS system verification, makes this laundromat a very straightforward and logical purchase. Please contact Brad Spink at Oxford Business Brokers for further information and a confidentiality to sign for all specific business details.  Read Less

This plant using environmentally friendly cleaning methods is for sale. The sale includes...  Read More

This plant using environmentally friendly cleaning methods is for sale. The sale includes the plant and a drop store. Both located in active shopping centers. This creates an excellent opportunity for a new owner. This established plant can easily handle more growth. The majority of revenue is from walk-in retail business, which can be increased with a little marketing. Additionally, a new owner can add route wholesale accounts to really grow this business.
The plant is equipped with state of the art equipment including a Hydro-Carbon Dry Cleaning machine. There is ample capacity for growth.
Great area conveniently located on a busy intersection near well-known businesses. Nice facility has everything needed already in place.
The owner cleans all kind of garments in the store; he never outsources. Seller will train and teach Buyer how to operate this business and how to drive more profit.  Read Less

Well established full service dry cleanersPrime location with huge parking lotVery very busy locationLow RentWell keep sales record

Well established full service dry cleanersPrime location with huge parking lotVery very busy locationLow RentWell keep sales record  Read Less

Dry cleaning drop shop, Agency with no machineSales can be improved with marketing and better customer serviceHas tailoring and alterations equipment included

Dry cleaning drop shop, Agency with no machineSales can be improved with marketing and better customer serviceHas tailoring and alterations equipment included  Read Less

Established for 25 years in the same location, this family operation has built a reliable...  Read More

Established for 25 years in the same location, this family operation has built a reliable customer base. The bad news is road construction has impacted revenue for an extended time period going from $250,000 a year to $135,000 a year for the past few years. The good news is when construction has completed and access is once again normal, history says the revenues will come back. However, due to the owner’s age and the cash drain of the past few years, he needs to make changes and therefore has decided to sell. He is willing to remain for an extended time as an employee to assure continuity with the customers.
This is an unusual opportunity to acquire a positive revenue stream at a reasonable price and profit from the upturn when the construction finishes in less than a year from now.
For the experienced operator, this is worth examining to see the opportunity offered.  Read Less

Wonderful business opportunity to own this long standing Laundromat located in Northern...  Read More

Wonderful business opportunity to own this long standing Laundromat located in Northern New Jersey and in the county of Sussex. The facility is 1,850 square feet is located in an attractive commercial mall on an active county road. The facility is nearby to numerous residential rentals with a continued need for this personal service. The sale includes twenty seven (27) Dryers and twenty six (26) washers consisting of thirteen to sixty pound capacity. The facility has central air and heat with large front windows supplying lots of natural light and a conformable pleasant atmosphere. The owner is presently semi absentee and cannot continue to maintain and further develop the business. The sale includes a fully equipped commercial laundromat, with twenty six washers, twenty seven dryers, central air conditioning, shelving, change machines, tables stations including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This laundromat business has three part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $2,550. The business transaction will include a new ten year commercial lease which expires 2025-01-01 plus options, with a monthly rent of $2,500 and rent security $7,500. The business is located in a commercial mall facility which consists of 1,805 square feet with a capacity for approximately fifty customers. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week, with hours from 8:00 am to 8:00 pm. The sale includes a certificate of occupancy (CO) from the particular municipality and the required state weights & measure licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a wonderful investment return to the owner operator prior to debt service. 2014 yearly income is $110,000. The business has been valued at $75,000 based on the value of the particular assets, licenses and a multiple of the net yearly income and seller financing has been approved to a qualified buyer with an appropriate down payment. Please do not disturb business, the employees are unaware of the pending sale, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.  Read Less

Owner has owned and operated this store for the last 20 years.Has a nice customer friendly feel.

Owner has owned and operated this store for the last 20 years.Has a nice customer friendly feel.  Read Less