Laundromat For Sale in Essex County, NJ-32799

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$70,000 $75,000

Services: Dry Cleaning & Laundry


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RE: Laundromat For Sale in Essex County, NJ-32799 Broker: Eli Stiefel
Owner Financing is Available!
$70,000.00 Down & None.

Quick Facts

Asking Price: $70,000
Annual Revenue: $75,000
Net Profit: Not Disclosed
Cash Flow: $42,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 23834447
Broker Reference #: 32799

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Business Overview:

Established profitable laundromat is available for sale. Gross revenue includes revenue from ATM, vending machines and clothing bin. Very powerful 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 is currently offset by $300 for subleasing the front office. Security deposit is $900. A private contractor wash and fold service recently started operating on site, they are helping bring in customers and are also leveraging the unique energy saving mode that significantly decrease utility expenses. Current revenue from machines is about $1,400/week. Please email for more information.

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Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • 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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