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Business For Sale

Laundromat

Essex County, NJ

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$85,000
$110,000
Not Disclosed
$29,400
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
2
10472979
Owner Financing is Available!
One year note, interest at Prime + 2%

Business Overview:

Coin Laundromat, totally refurbished in 2007 with new equipment and fixtures: washers, dryers, boiler and hot water system, plumbing, electrical, tile floor, drop ceiling and lighting fixtures. Dexter washers and dryers. 27 washers: 10-20lb., 8-30lb., 6-40lb., 3-60lb. 22 dryers - 11 double stack units. Absentee run. Commercial accounts are 20% of revenues, wash & fold 5%. Favorable lease with 15 years remaining. Flat screen TV's internet security cameras and ADT alarm system.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Completely refurbished in 2007. New equipment, hot water, plumbing and electrical. Ample street parking. 1,100 square feet. 5 years on lease, plus 10 year option

Market Competition and Expansion:

Limited competition in immediate trading area

Reason for Selling:

Other business interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: