Card System Renovated Laundromat In Essex County
Not Disclosed, NJ Essex County
Asking Price:
$1,600,000
Annual Revenue:
$687,969
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- RE: Card System Renovated Laundromat In Essex County
- Contact: Douglas Bodner
Quick Facts
| Asking Price: | $1,600,000 | |
| Annual Revenue: | $687,969 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $284,599 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 944977 | |
| Broker Reference #: | 23152DB |
Business Overview:
Please be aware that this Laundromat was recently upgraded with all new equipment 2 1/2 yeras ago and will this store was shut down for 5 years prior to May of 2021. Ever since these stores re-opened, they have seen growth month after month. Numbers below reflect 6 months of numbers annualized.
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Property Features and Assets:
- 6,000 square feet 61 washers 68 dryers all 2 1/2 years old Net Profit $284,599+/- 100% absentee parking for 13 spots currently landlord Will remove abandon small building and add an additional 10 more spots that will add a total of 23 spots 25 year lease.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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