Well Established Laundry Service Business For Sale

Union County, NJ
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Asking Price:$650,000
Gross Revenue:$700,000
Cash Flow:$200,000
Established Year:2015
BUSINESS DESCRIPTION

This well established laundry service business in a strip mall. This is primarily a wash/fold business & consists of a drop-off/delivery application business 98% of the customers pay by credit card & app. Customers can drop-off clothes at the retail center. Comes w/ a crew of employees that'll stay on, all the necessary equipment and more.

They do pick up and deliveries & are an on-demand business that is continuing to grow every year. The owner manages/overseas day-to-day operations a combination of remote & on-site 5/6 days a week. The hours the owner puts in per week all depend on work volumes. Employees open the store and drivers come & go on their own as long as routes are stage or prepped for delivery 11 years remaining on lease. Seller is very detailed & can validate the represented numbers.

For More Information Contact:
Douglas Bodner
douglasbodner@gmail.com
Executive Business Brokers
2583 Morris Ave
Union, NJ 07083
Cell: (973) 620-1810
Office: 908-851-9040 EXT 204


DETAILED INFORMATION
Location
Union County, NJ
Inventory
Not Included in asking price
Employees
13
Facilities
1600 sq ft, 11 years on lease, plenty of parking, facilities built brand new 7 years ago, all equipment in great condition.
Competition
Little competition.
Growth & Expansion
Owner/ Operator can expand into other counties.
Financing
No financing available.
Support & Training
Seller will stay on to train new buyer.
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DOUGLAS BODNER
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DOUGLAS BODNER