Well Established Laundry Service Business

Union County, New Jersey

Business Summary: 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 [email protected] Executive Business Brokers 2583 Morris Ave Union, NJ 07083 Cell: (973) 620-1810 Office: 908-851-9040 EXT 204
Year Business was Established: 2015
Number of Employees: 8FT/5PT
Facilities / Terms of Lease: 1600 sq ft, 11 years on lease, plenty of parking, facilities built brand new 7 years ago, all equipment in great condition.
Potential Growth/Expansion: Owner/ Operator can expand into other counties.
Competition: Little competition.
Owner willing to finance: No financing available.
Owner willing to train: Seller will stay on to train new buyer.