Remodeled Newer Laundromat

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$150,000 $185,000

Services: Dry Cleaning & Laundry

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RE: Remodeled Newer Laundromat Broker: Seller of Business

Quick Facts

Asking Price: $150,000
Annual Revenue: $185,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 57573909
Broker Reference #: LAUN335

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Business Overview:

Excellent business opportunity for this fully remolded laundromat with all refurbished equipment located in highly populated urban city of Essex County, New Jersey. The owner is absentee, owns the property and will supply a long-term lease at $2,100 monthly. The equipment has a three-month warranty on all parts and one year warranty on bearings / equipment from the distributor. They also have a service contract with onsite repair two times monthly to service/maintain the machines at $500 monthly. The purchase price reflects the value of the assets. The business has a weekly income of $2,500 weekly and a projected weekly income of approximately $4,000 and a consistent net yearly income.

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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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