Laundromat For Sale in Essex County, NJ - 32799

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$80,000 $60,260

Services: Dry Cleaning & Laundry

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RE: Laundromat For Sale in Essex County, NJ - 32799 Broker: Eli Stiefel
Owner Financing is Available!
$80,000.00 Down

Quick Facts

Asking Price: $80,000
Annual Revenue: $60,260
Net Profit: Not Disclosed
Cash Flow: $19,896
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 27574447
Broker Reference #: 32799

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Business Overview:

Established profitable laundromat is available for sale. 95% of the revenue is from the laundromat and the remainder revenue is from ATM, vending machines and clothing bin. Machines are older but in perfect working condition. 15 washers: 9 junior, 4 senior, 2 giant, 16 dryers. Rent is only $900 a month and security deposit is only one month's rent. Potential to sublease side office and parking spaces and earn an additional $6,000/year. A new owner on site also has potential to increase his profits by offering wash and fold service and leveraging these powerful machines unique energy saving mode that can decrease utility expenses by 50%. Please contact Eli Stiefel for more information. Please use email reply button of this ad to contact us.

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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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