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- RE: Card System Laundromat: Jersey City
- Contact: Douglas
Quick Facts
Asking Price: | $699,000 | |
Annual Revenue: | $357,215 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $131,529 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 2 | |
BBN Listing #: | 990534 | |
Broker Reference #: | 27326DB |
Business Overview:
2000 square-foot facility with plenty of parking located in a strip mall 35 washers 37 dryers all manufactured by speed queen. State of the art card system laundromat for sale currently run absentee And fully , tons of room for growth the demographics are great and you can substantially increase the wash and fold business And pick up and delivery all equipment is manufactured by speed queen Only 2 1/2 years old they have surveillance a POS system and Laundry works card system in place there is a 10 year lease with Plenty of parking. This laundromat has been here at this location for 30 years. The landlord only extends the lease in five year increments and will not give any longer term upfront however, this place is not going anywhere and there is plenty of longevity as long as you pay your rent on time he will continue to extend.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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