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Business For Sale

Laundromat

Passaic County, NJ

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$435,000
$327,300
Not Disclosed
$108,674
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2001
3
39152979
Owner Financing is Available!
Seller will hold $135,000 note to qualified buyer over 5 years at Prime + 1%

Business Overview:

This Laundromat is one of New Jersey's premium, full service Laundromat 3,800 sq. ft. very clean and spacious flat screen TVs throughout the Laundromat. 74 machines (Speed Queen). Ample parking current owner work 10 hours a week. Long lease in place. Owner willing to hold a note for a qualified buyer. Self service (80%) WnF (15%), other 5% (dry clean, soap, vending).

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:

3,800 sq. ft. Laundromat with 74 machines (speed queen), ample parking, 14 years left on lease. Laundromat is well maintained and clean.

Market Competition and Expansion:

Competition - Little competition Expansion - Owner operator can expand commercial and wholesale accounts

Reason for Selling:

Seller going through personal problems

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: