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Broker Biography
Introduction
Laundromats and dry cleaners are our specialty!!! That all we do.
We help bring together buyers and sellers of Retail "Main Street" Businesses.
We manage the process from the listing, qualifying, presenting and writing up the offer. From there we will help coordinate the due diligence, lease assignment, contracts, utilities, closing and training. The process ends with the smooth and successful transfer of the business from the seller to the buyer.
John has a diverse business background that spans over 30 years in executive roles managing operations and sales for various companies in the financial services and construction industry; including insurance, investments, consumer finance, mortgages, remodeling and new home construction. John also was the Founder and President of a national home building company for over 10 years.
John has bought and sold various businesses ranging from a laundromat, dry cleaner, restaurant as well as managed various investment properties.
He grew up in Whitestone, Queens, where he graduated with a Regents Diploma from Archbishop Molloy High School and a Bachelor’s Degree in Business Administration from Fordham University.
John has been a resident of Woodbury and Southbury, CT for almost 25 years with his wife Jessica and his two children, Jonathan & Rebecca. He enjoys spending time with his family and is an avid outdoorsman. John is also very active at his church in Thomaston.
Visit our website at www.jbassociatesconsulting.com
Services Provided
Business Brokerage & Coaching
Areas Served
Business For Sale Listings
Cash Flow: $2,000
New Brunswick, NJ
View Details Remodeled Laundromat & New Equipment-Near New Brunswick, NJ -$150,000
Many Laundromats have good profits but need new equipment which is expensive. This store has new equipment but is lacking the profits. This store needs someone to build the sales especially Wash & Fold as well PUD (Pick Up & Delivery). Once you build the sales higher, you wont have any major capital improvements for a while.Well appointed store in well maintained plaza with plenty of parking.Store has been here over 20 years and current owner has had it for 6 years.Lease has about 10 years left. Approx 1000 sq ft for $3019 per month.He hasn't had the time to build the Wash & Fold and Pick Up & Delivery business. This is key for next owner.Owner has substantially more than the $150,000 list price invested in the store.Store is run both attended and unattended. It does have auto lock doors.2 workers cover most of the hours and the owner and his wife come in abut 10 hours each to run store and do some pick up & deliveries. The Less
Cash Flow: $84,000
Houston Co., AL
View Details Profitable Laundromat-Absentee/Partially Unattended-Houston County, AL
Profitable store that is run absentee Owner has had store for over 5 years but is way too spread out with various businesses.He has 1 worker that he pays $150 a week to clean and commission of wash & fold which is another $600 week approx.Has vibrant wash & fold business with some commercial accounts doing approx. $6000 per month.Does approx. $170,000 in revenue per year.Store is mostly unattended and has auto-lock doors and auto-lights.Great lease at $670 per month for 2200 sq. ft. with plenty of parking in well maintained building complex. Landlord will do a new 10 year lease.Well appointed store in great condition.Seller owns ATM, Claw machine and quarter pusher. These are not included in price but he will leave in store on a commission basis . This is one of his main businesses.Has cameras that can be viewed from phone.25 washers & 13 dryers in great condition about 10 years old.$130,000 FIRMNothing less will be Less
Cash Flow: $185,000
Milford, CT
View Details High Revenue & Excellent Profits-Laundromat near Milford CT - $550,000
Owner has been here over 20 years.Busy location with over 90 washers & dryers doing $50,000 plus a month in revenue.Vibrant self serve of over $30,000 month and close to $15,000 in wash & fold.Fully attended and owner absentee.Machines range 20-25 years old.Large store over 3500 sq ft.20 year lease in place.Nothing to do but come in and keep operations going. Less
Cash Flow: $52,000
Boston, MA
View Details Neighborhood Laundromat - Busy Wash & Fold - Boston Area - $135,000
Great Opportunity to own an affordable, growing laundromat with lots of potential. Laundromat is located in Boston neighborhood surrounded by apartment buildings an 3-4 family homes. This store doesn't do much self serve but has vibrant wash & fold business and a good commercial account.They occupy 2 storefronts connected with a door. One side is for processing wash & fold and drop off dry cleaning and does not have any washers or dryers and is opened by a key. The other side has auto-lock doors and contains all the washers and dryers.It's about 1400 sq. ft. with rent of $2220 and landlord will write a new 10 year lease.12 washers approx. 10 years old on avg. & 12 Dryers approx. 20-25 years old on avg.This store is currently run mostly attended.A) 1 person works 4 hours from 6PM - 10 PM for 5 days a week. B)The other worker works 8-6 Mon thru Sat. The laundromat is unattended on Sunday and 2 hours each morning as hours are Less
Cash Flow: $22,000
Jenks, OK
View Details Absentee & Unattended Laundromat - Near Jenks, OK $69,000
Seller has owned this location over 18 years. He visits once a week to collect coins and work on machines.Absentee & unattended laundromat NEAR Jenks, OK.Well appointed store in free standing building plenty of parking. 3 year lease at $500 first year and then escalates $100 per year. Landlord will extend lease.Square Footage = 1000 -1200 sq. ft. Laundromat has auto lock doors that owner uses in morning only. He has 2 person cleaning crew that cleans up and closes every night for $15 day.49 machines approx. 20-30 years old but some newer as they were replaced over the years. Currently 2 machines out of service so they are well maintained. 30 washers & 19 dryers.This store does not do any wash & fold or PUD (pick up & delivery). Excellent growth area if new owner is interested in growing business. The current owners have a cleaning service that clean store for $15 day. He also pays a person $60 to come in for 4 hours every Sat Less
Cash Flow: $78,000
Danbury, CT
View Details Laundromat-Fully Absentee & Unattended-Great Profits- Danbury-$325,000
Seller has owned this location over 20 years.Absentee & unattended laundromat in Danbury area.Well appointed store and plaza on main road with plenty of parking. Recent improvements include new floor, new AC & new water heaters.Landlord will write new 10 year lease (5 year term plus five year option) with 3% annual escalations.Rent is $3500 plus CAM of $500 for a total of approximately $4000 monthSquare Footage = 2500 sq. ft. Laundromat has auto lock doors.83 machines approx. 17-20 years old in great condition and well maintained.40 Dryers and 43 washers.This store does not do any wash & fold or PUD (pick up & delivery). Excellent growth area if new owner is interested in growing business. The current owners have a cleaning service that clean store for $1500 month. The Net Profit increases to over $90,000 if new owner does all or some of this on their own. 2 cleaning people come in each night.Great Opportunity to own a long Less
Cash Flow: $58,000
Windham, CT
View Details Large Laundromat-Can be attended or unattended-Near Windham-$105,000
Great Opportunity to own a large established laundromat with lots of growth potential.This is store is located in a well appointed plaza with great anchor tenants. This is is a big store at 4,500 sq. ft. (about 3 times the average store of 1500 sq. ft.). The rent is $6,795 per month PLUS CAM of $3705, so TOTAL Rent is $10,500. 5 years left on lease but landlord will give extra years. Store is located in busy plaza with national big retailer tenant. Store has 102 machines (46 washers & 66 dryers) approx. 25-30 years in great condition. Only 1 is currently out of service. Plus there are many folding tables and open space to handle high volume. .CURRENT OPERATION = Breakeven: This store is mostly absentee with 3 employees covering about 70 hours. The other 25+ hours are left unattended. Under this model, the store is breakeven as salaries run $6500 month but they only produce $1700 worth of wash & fold. Generally your wash & Less
Cash Flow: $37,000
Bronx, NY
View Details Laundromat-Newer Equipment-Great Location- Bronx NY $105,000
Great location near Whitestone Bridge.Has Card system- No coins to count.14 Washers & 16 Dryers ranging from 3-8 years old. Store does about $8,750 a month in wash & fold. Fully attended. 1-2 attendants work 60 hours and owner covers about 15 hours.Price of $105,000 is FIRM.Store is in excellent condition. Ample street parking.Nothing to do but come in and continue to grow business. Lots of potential. Less
Cash Flow: $60,500
Bridgeport, CT
View Details 24 Hour- Mostly Unattended - New Build Laundromat - Bridgeport-235,000
24 Hour laundromat.Neighborhood location surrounded by 2-3 family homes.New Build- Laundromat was built 2 years ago from scratch- Everything is new. Over $350,000 invested in the store.Landlord is seller and doesn't have time to be an operator. Looking for a good buyer and tenant. They will do a new 10 year lease. Rent is $1500 for approx. 1000 sq. ft.They have 2 part time attendants who come in 4-5 hours a day to clean and handle wash & fold. Store is unattended the other 18-20 hours.10 washers & 12 dryers about 2 years old.VTM card system so no coins to collect.Building and location in excellent shape with ample parking. Great opportunity to build out wash & fold.Everything is here and NEW so you just need to come in and run business. No capital improvements or spending needed for many years.Cash offers only $235,000 Less
Cash Flow: $155,000
Baldwin Co., AL
View Details New Build-High Revenue-150K Net Profit- Baldwin County, Alabama- $597k
The store is listed at $597,000 FIRM with revenues over $300,000 and net profit approximately $150,000.Brand new store with Speed Queen machines about 2 years old. Revenues in 2024 (1st full year) were about $286,000 and continue to grow. Sone of the summer months clock in over $40,000 in revenue due to location. Very very little competition.Approx. 1500 sq. ft. at $2000 month in well maintained plaza in great location. All large size equipment: 14 washers(6 = 30 lb, 6 =60lb & 2 = 80lb) & 16 dryers (12 = 45lb & 4 = 75lb.)In 2024 (first full year opened) revenue was approximately $286,000 with $110,000 self serve and $176,000 in wash & fold with prices ranging from $1 to $1.50. NOTE: Revenue is still Increasing and should exceed $286,000 in 2025. This is a growing store. Financing available at approx. 8% over 7 years with $300,000 down.Store has 4 employees. Less
Cash Flow: $42,000
Bellmore, NY
View Details Profitable & GrowingLaundromat - Near Bellmore, NY $137,000
Great Opportunity to own an affordable, growing laundromat with lots of potential. Store is located in well appointed in a well-maintained plaza on a busy road in Nassau County near Bellmore.It's about 1100 sq. ft. with rent of $3600 and 8 years left on lease.19 washers & 19 Dryers approx. 10-15 years old.This store is currently run fully attended. The store is open approximately 80 hours a week and staffed by one employee for 50 hours and the seller currently covers the other 25 hours.PLEASE NOTE: That we increased the hours of employee to 67 hours a week and increased hourly pay to calculate a TRUE net profit even though the seller doesn't pay anywhere near this per hour so the CURRENT net profit of $42,000 is UNDERSTATED & LOWER than the actual. However, we wanted to build in more realistic hours and pay rates for the next buyer.REVENUE BREAKDOWN:1) Drop OFF Wash & Fold - The store does about 1100 pounds per week and Less
Cash Flow: $58,000
Plainville, CT
View Details Profitable Laundromat With Busy Wash & Fold - Plainville, CT $215,000
Great neighborhood location.Store is in great condition and well appointed - Stand alone building.Annual revenue = approx. $235,000 and Net Profit = approx. $58,000.Approximately 1200 sq. ft. Rent is $4,000 (includes taxes, insurance and CAM) and has 15 years left on lease.56 Machines : 26 washers (7 are less than 2 years old) and 30 dryer. Other machines range in age from 5-20 years old.Store does about $120,000 a year in self serve, $85,000 in drop off wash & fold and $15,000 in PUD. PUD is handled through 3rd party delivery.Fully attended with 4 staff employees covering almost all hours. Card store so no quarters to collect. Also great for tracking revenue.Lots of potential to keep growing drop off wash & fold, commercial and residential pickup business.Everything is here and ready to go and in excellent condition. New owner just needs to keep growing sales and understand that these store ate NOT totally passive but semi Less
Cash Flow: $72,000
Holbrook, NY
View Details New Equipment, Remodeled & Growing Laundromat-Near Holbrook -$375,000
Great Opportunity to own a newly retooled & renovated store in great area.Financing Available: $230,000 cash down payment and bank loan of $145,000 for 5.5 years at 8.99% with a payment of $2,080. This is a current loan that is assumable.Store is located in well appointed and maintained plaza.It's about 1800 sq. ft. with rent about $2500 and 11 years left on lease.THIS STORE HAS BEEN REMEDOLED & RETOOLED WITH NEW EQUIPMENT IN LAST 3 MONTHS. SALES HAVE BEEN GROWING SINCE IMPROVEMENTS.IMPROVEMENTS: New washers, 6 new dryers, new exterior sign, new boiler, paint and maintenance done to infrastructure such as cleaning vents, etc.23 NEW washers, 32 Dryers (6 are NEW & 26 are 10-12 years old,)This store is currently run fully attended. Has growing wash & fold business doing about 1200 lbs. a week and growing. Owner realized store required more time than he thought Less
Cash Flow: $35,000
Brooklyn, NY
View Details Laundromat-New Equipment-Run Unattended or Attended- BKLYN $330,000
Great Opportunity to own a newly retooled & renovated store in great area.Financing Available: $135,000 cash down payment and bank loan of $195,000 for 8 years. This is a current loan that is assumable. This is store is located in a busy section of Flatbush surrounded by apartments. It's about 1300 sq ft with a full basement. Rent is about $4000 and it's a gross lease with 15 years left.THIS STORE HAS ONLY BEEN REOPENED FOR 2 MONTHS AFTER CLOSING 6 MONTHS TO RETOOL AND FULLY RENOVATE.20 New washers plus new awning, floor, ceiling, gate, paint, etc.22 dryers. 2 brand new and 20 about 10-12 years old. This store is currently run absentee with 4 employees covering all the hours generally from 6AM -10PM. However, this store can also run unattended as wash & fold is only about $200 a week right now at $1 lb. You can run the store attended or unattended- this is Less
Cash Flow: $58,000
Delaware Co., PA
View Details Absentee Laundromat & Dry Cleaner - Delaware County PA - $89,900
Laundromat and dry cleaner drop store in well appointed plaza.Located in Delaware County.Current owner is absentee and has been there 13 years.One employee runs both stores. Net profit assumes that new owner will eliminate 1 storefront and combine businesses into one location. Currently, they are side by side.Landlord will do a new 10 year lease.1200 sq. fit approx. $2750 or 2400 sq. ft. with two side by side storefronts connected for $4500.Gross sales of both laundromat & dry cleaners is approximately $150,000.Net profit around $35,000 if you keep 2 storefronts or $58,000 if you combine to 1. This is Buyers Choice.24 dryers and 22 washers - Older machines ranging from 10-30 years old. Definitely in need of replacement.2024 Revenue Breakdown - THIS IS APPROXIMATE 1) Laundromat Coin = $42,000 2) Laundromat Wash & Fold = $40,000 3) Dry Cleaners = $61,000.Great OpportunityCash Offers Only - No Financing Less
Cash Flow: $50,000
Litchfield Co., CT
View Details Established Dry Cleaning Drop Store - Litchfield County $25,000
Established dry cleaning drop store in great location and town in Litchfield County.Busy main street location. Excellent parking and well appointed plaza. Landlord will assign existing 3 year option or do a new lease of 5-10 years.Full Service: Dry cleaning, shirt laundering, wash & fold, comforters and alterations.All dry cleaning work is done off premises so easy entry to run this business. Very little training necessary. Wash & Fold and alterations are done in store. Large washer & dryer on site to handle comforters.Great business for owner operator or established plant looking for another location.Retail prices have room for increases.$50,000 net profit assumes owner operator.Well appointed store.$25,000 FIRMCash Offers Only Less
Cash Flow: $125,000
Putnam Co., NY
View Details 24 Hr-High Volume-Partially Attended Laundromat-Putnam County-$450,000
THIS STORE CURRENTLY HAS AN ACCEPTED OFFER - ALL INQUIRIES WILL BE KEPT AS A BACKUP.24 hour high volume and partially attended laundromat.The store has been here for over 30 years. Very strong and stable customer base.This store is absentee and run partially attended. Auto-lock doors & lights in place but not used in case you don't want to open for 24 hours.OPPORTUNITY:::This laundromat DOES NOT do any wash & fold or PUD. This is a great opportunity for someone who wants to go that direction to further increase revenue and profits. Or, just run the store partially unattended the way it is and still make money.Currently staffed 7-4 and unattended 4-7. Located in busy and well appointed plaza.Coin-Op Store doing about $8500 a week in coins on average ($34,000-$38,000 per month).48 Washers & 48 dryers - Range from 10 to 20 years old.Approx. 3200 sq. ft with rent of $9500Lease has 10 years left.Approx. revenue $400,000 - Less
Cash Flow: $15,500
New Haven, CT
View Details Starter Laundromat -Lots of Potential & Great Area- $55,000 New Haven
Great New Haven neighborhood location surrounded by apartments.Approximately 1400 sq ft. Landlord will do new 10 year lease.27 Washers & 21 Dryers about 20 years old..Coin operated.This laundromat has been in this location over 25 years. It has never seen the attention it deserves as Sellers have been occupied with running another business. With some NEW equipment and cosmetic updates (paint/floor, etc), it has lots and lots of potential.Its currently run unattended with some oversight. Everything is here and ready to go. Just waiting for a Buyer to make some improvements and take it up a level.$55,000 list price - FIRMOWNER WILL NOT ACCEPT LESS THAN $55,000.NOTHING LESS WILL BE CONSIDEREDCash Offers only- No Financing Less
Cash Flow: $42,000
Old Lyme, CT
View Details Established Laundromat- Retool Needed- Near Old Lyme - $60,000
UNDER DEPOSIT - PLEASE FILL OUTTHE FORM AND WE WILL KEEP YOU AS A BACKUP.NOTE: This sales price is based on Buyer investing $200,000 to $250,000 in new equipment (RETOOL)as the lease renewal is contingent upon this. Again, the buyer must commit to buying new equipment and RETOOING the laundromat to get the lease.The $60,000 is buying you the infrastructure (plumbing, heating and gas lines) as well as good will of strong client base and stable employees, which would cost you substantially more than $60,000. Net profit approx. $42,000This laundromat is located NEAR Old Lyme.Spacious store with almost 2000 sq. ft. with rent of $3525. The rent will be lower the first 2 years (about $2500 per month.) The rent includes all CAM charges.2years left on lease but landlord willing to extend to 10 years.Nicely appointed store and plaza.Store has recent improvements to new Central AC and tankless water heaters.32 washers & 24 Dryers. Less
Cash Flow: $40,000
Corning, NY
View Details Laundromat With Real Estate(Stand alone Bldg)-Near Corning NY $115,000
Laundromat with real estate for sale. Free standing building approx. 1267 sq. ft. Annual taxes approx $2500.Private parking.Newly Remodeled with paint, new floors and mechanical upgrades.17 Washers & 12 dryers approx. 25 years old. Some are newer. Good condition but a few are out of service.Building estimated to be worth over $80,000. Laundromat side of business being priced in around $60,000.This business had been her for over 30 years.Since real estate is involved, this can be financed but will probably need $60,000.The mechanical infrastructure (plumbing, gas and electric) alone are very expensive to install. Everything is here to come in and just take over. Less
Cash Flow: $62,000
New Haven, CT
View Details Convenience Store & Laundromat & Busy Lotto - New Haven - $185,000
This is one store but contains a laundromat plus a busy convenience store and a lotto outlet that spins off over $40,000 in commissions alone. 1 employee runs all 3 profit centers under 1 roof and 1 rent.Great location in area of apartments and 3-4 family homes.Net profit is $55,000 FULLY Absentee but CURRENT net profit is $92,000 running Partially Absentee with owner working 40 hours a week.Revenue is over $300,000 a year for convenience store and laundromat. Note: Laundromat equipment is older. However, laundromat could add substantially more revenue with new equipment and some cosmetic updates and adding wash & fold.22 washers & 21 dryers approx. 20 years old.1400 sq. ft. for $3000 month with 10 years on lease.In essence, the laundromat is unattended and gets assistance form the worker at the convenience store. This is a successful profitable business.$185,000 Cash Offers Only - No Financing Less
Cash Flow: $50,000
New Haven, CT
View Details Neighborhood Laundromat- Can be run attended or unattended - $220,000
UNDER DEPOSIT - PLEASE FILL OUT THE FORM AND WE WILL KEEP YOU AS A BACKUP.Great neighborhood location.Store is in great condition and well appointed. Recent improvements include: New awning, new lights, new POS for wash & fold, new paint & bathroom remodeling. Approximately 1500 sq. ft. Rent is $3,200 rent and has 13 years left on lease.45 Machines : 23 washers & 22 dryers approx. 12 years old. Great condition.Store does about $132,000 a year in self serve and $43,000 in wash & fold. Machines are equipped with Spyderwash POS so you can accept credit cards, loyalty cards or coins at each machine. This POS also gives great reporting. They also have a separate POS for the wash & fold business.Store is currently run fully attended with 4 workers but the owner never had the time to build the wash & fold revenue so their salaries are not covered by the wash & fold revenue. Typically the wash & fold revenue should be 2-3 times your Less
Cash Flow: $31,000
New Bedford, MA
View Details Profitable Unattended Neighborhood Laundromat-New Bedford MA - $73,500
Great neighborhood location.Store is in great condition and well appointed.Approximately 1000-1200 sq. ft. with $750 rent. 1Landlord will do a new 10 year lease.19 Washers - approx. 10 year sold & 18 Dryers 7 years old. Machines are smaller (20-25lb) capacity so new owner should consider adding a couple of large machines.Coin operated.Store currently does not do any wash & fold so good opportunity to add this revenue stream. Lots of potential to grow self serve & drop off wash & fold and residential pickup business.Everything is here and ready to go and in excellent condition. $73,500 list price - FIRMCash offers only.NOTHING LESS WILL BE CONSIDERED Less
Cash Flow: $21,000
Bridgeport, CT
View Details Profitable Laundromat - Fully attended - Bridgeport- $79,000
Great neighborhood location.Located in small strip mall with great visibility and private parking lot.Store is in great condition and well appointed.Approximately 1000-1200 sq ft with 2700 rent. 14 years left on lease.14 Washers - 8 washers approx. 6-10 years & 6 washers over 20 years.20 Dryers - Less than 15 yearsCoin operated.Vibrant PUD (Pick up & Delivery) business already doing $8,000 a month in last year.Store is currently run fully attended with 2 workers but the owner never had the time to build wash & fold revenue so there salaries are not covered by wash & fold revenue. Typically the wash & fold revenue should be 2-3 times your salaries.This store has auto-locks and lights and would be more profitable unattended. You can run unattended to start and slowly build wash & fold and bring to attended again. Your choice. The net profit assumes the unattended model.Lots of potential to grow self serve, drop off wash & fold, Less




