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Very Busy Laundromat For Sale
Location: United States -> New Jersey -> Essex County
Industry: Business Services > Laundry




Business Summary

Asking Price: $275,000. Well established Laundromat in excellent condition. Absentee owner. Also have video game machines that generate an extra income. Has room for expantion since present owner does not do pick up and delivery service.

Facilities: 2,500 s/f laundromat contain 25 machines 18 IBS, 14 machines 35 IBS, 6 machines 50 IBS, 2 machines 80IBS, 42 dryers and sales area. Located in strip mall with plenty of parking with 9 years lease and 5 years option. All machines are in excellent condition.
Competition: Located in a heavy residential area with no competition at all.

Email or contact Mohamed Elatriss for more information on this Laundromat for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $183,000
Cash Flow:   $77,750
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1994
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks.
Reason For Selling:  Owner has other business.




Print Listing Id: 70055664
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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