Business Overview:
Est. laundry w/ dry clean drop around $306,800 per year loc in a low income intercity area. Located by the hospital across from a brand new built elementary school. Attendant counter has been converted into Apr. 400 sq. ft. convenience/dollar. Rev around $145,600 per year. 17 car parking apr. 2k sq. ft. that is rented out for $8,400 per year. Owner willing to replace 5-washers at his cost prior to closing. Long lease. Needs owner/operator to be hands on. Shows well. T-58 w-Continental + (30 -$2.00-20 lbs., 13- @ $3,75 -30 lbs, 11 @ $5.00-40 lbs., 2 @ $8.00 -80 lbs.) T-34 Adc Dryers double pocket. Requires an all cash or will approach lending institutions. Other exp: w/s. Other inc: Parking rental 8,400, massage chair 840, crane vending +2 other games 480, vending gum 360, ATM 1,440. Breakdown of sales: calling cards $20,020 per year, conv/deli $125,580 per year, laundry coin plus $286,300, and drop $20,800. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
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:
3,600 sq. ft. Laundromat + 400 sq. ft. convenience store + 2k sq. ft. parking for 17 cars.
Market Competition and Expansion:
Competition - Several.
Expansion - Seller willing to replace 5 washers at his cost prior to closing of business
Reason for Selling:
Has to repay loan from original source.
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: