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Business For Sale
MEDIUM SIZED ESSEX LAUNDROMAT
Attn:
Vito Mastromonaco
Not Disclosed, NJ, USA
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Listing Number: "3668vm"
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Listing
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Asking Price: |
$350,000
USD USA Dollars
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Business for Sale Industry: |
Services: Dry Cleaning & Laundry
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Reason for Selling:
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Owner wishes to return to her country. |
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Year Established:
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2004 |
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# of Employees:
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2 |
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Yearly Cash Flow:
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$33,506 |
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Yearly Gross Income:
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$150,000 |
Business for Sale Overview:
Medium size and efficient Laundromat located in extremely safe area in Newark. Surrounded by home owners in small shopping area. Equipment includes all Wiscomat front loaders, 14 Double Stack Dryers 28 (30lb.), 23 washers 7 (20lb.), 13 (40lb.), 3(55lb.). Four years old. 1 TV, chairs, tables, carts, change machine - central air, hot water, heater, 4 years old also does about $20,000 yearly wash/fold corner store with ample street parking. Owner is landlord. No near by competition.
Market Competition and Expansion:
Competition:
No competition in neighborhood which is a very safe area in Essex County.
Expansion:
No advertising, no promotion. Good lease given by landlord would give new owner 20 years and more of ownership.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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