Business For Sale

Services: Dry Cleaning & Laundry


Laundromat Opportunity

Essex County, NJ

Asking Price: Annual Revenue:
$90,000 $65,000

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RE: Laundromat Opportunity Broker: Virginia Leao Executive Business Brokers

Quick Facts

Asking Price: $90,000
Annual Revenue: $65,000
Net Profit: Not Disclosed
Cash Flow: $13,832
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1961
Employees: 1
Listing Number: 81722979

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Business Overview:

Long established Laundromat. Serving busy neighborhood, apartment buildings, etc. In a good area of Essex County. Absentee owners are too busy to make business grow. New Owner should concentrate in wash and fold and advertisement. MUST SEE!! For further information please contact Virginia Leao on her cell Mon-Fri 10:30am-5pm at 973-567-1339.

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Property Features and Assets:

1,750 sq. ft. facility with street parking available. 5 year + 5 year lease option. Established for over 50 years and open 7 days a week.

Market Competition and Expansion:

Competition - None in the area

Reason for Selling:

Full time job

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:

Relevant Links:

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