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Renovated Laundromat / Dry Cleaning
Location: United States -> New Jersey -> Union County
Industry: Business Services > Laundry




Business Summary

ASKING PRICE:$260,000. Almost totally renovated Laundromat / Dry cleaning place with steady clients. Does all kind of dry cleaning on premises. All major equipments and fixtures are brand new. Located in the heart of the town in a busy mall on a major road. Has an excellent reputation.

Facilities: Laundromat / Dry cleaning store newly renovated. Contain a brand new 35 IB dry cleaning machine, 8machines 18IB, 1 machine 35 IB, 1 machine 40IB, 8 machines 18IBS, One Coin machine, 8 vend soap dispenser, Steam Return Compressor, 16 brand new 30IB dryers, All brand new plumbing, Water Lines, Pipes, Sinks, Drains, Bath Room, 7 ton HVAC, New Electric and wiring, New tiles, New in/out vent for dryers and also brand new door. Located in strip mall on a major road with plenty of parking. Has 15 years lease.
Growth and Expansion: Present owner does not do any drop off & pick up service which is a must in this area ,By doing that business volume will increase at least 25%.

Email or call Mohamed Elatriss at 908-757-2011 for more information on this Laundromat / Dry Cleaning business for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $180,000
Cash Flow:   $79,756
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1996
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 is has a full time job.




Print Listing Id: 70055795
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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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