Profitable Laundromat in Very Busy Strip Mall

Teaneck, NJ
Bergen County


Asking Price: Annual Revenue:
$249,000 $220,000

Services: Dry Cleaning & Laundry


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RE: Profitable Laundromat in Very Busy Strip Mall Broker: Richard Kim

Quick Facts

Asking Price: $249,000
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 529362515
Broker Reference #: Not Disclosed

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Business Overview:

Total 1500 S/F with 29 Washers and 24 Dryers in Good Working condition in Very Busy Strip Mall (Only laundromat) and Plenty of Parking Spaces.

There is Great Potential for Growth for New Owner. The current Owner will retire due to health problems.

New owner can increase business through aggressive internet advertisement and more attendance and Dry Cleaner Drop-Off Services and Washer & Folder Services.

All data is reliable but all data is subject to verification through due diligent work by buyers under their responsibility. The Broker does not represent or guarantee the accuracy of all the above of data.

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Property Features and Assets:

Total 1500 S/F with 29 Washers and 24 Dryers in Good Working condition in Very Busy Strip Mall (Only laundromat) and Plenty of Parking Spaces.

Market Competition and Expansion:

New owner can increase business through aggressive internet advertisement and more attendance and Dry Cleaner Drop-Off Services and Washer & Folder Services.

Reason for Selling:

Retiring.

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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