Absentee Owner Large Laundromat/Building 52W/54D

Passaic, NJ
Passaic County

center of Very Busy Down Town

Asking Price: Annual Revenue:
$2,550,000 $667,692

Services: Dry Cleaning & Laundry

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RE: Absentee Owner Large Laundromat/Building 52W/54D Broker: Richard Kim

Quick Facts

Asking Price: $2,550,000
Annual Revenue: $667,692
Net Profit: $347,452
Cash Flow: $347,452
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 132162515
Broker Reference #: Not Disclosed

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Business Overview:

Large Absentee Owner Management Laundromat With Property For Sale.Only 7 7ears Old 52 Washer and 54 Dryers of 3,000 S/F.Very BUsy Main Street near Large Super Market in Center of Town in DEnse Populated Residential and Commercial Area. There is Great Potential For Growth in the immediate future.All above data is reliable but accuracy is subject to verification of all data through due diligent work by the buyer under her(his) responsibility.The Broker does not represent or guarantee the accuracy of all above data. Buyer can buy just Laundromat separately at $1.5M Rent::$9,000 per month

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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.

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