NOT DISCLOSED, New Jersey
| Asking Price |
$1,600,000 |
Year Established |
|
|
| Annual Revenue |
$687,969 |
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Douglas Bodner |
|
| Annual Cash Flow |
$284,599 |
Listing Number |
944977 |
|
| # of Employees |
|
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Please be aware that this Laundromat was recently upgraded with all new equipment 2 1/2 yeras ago and will this store was shut down for 5 years prior to May of 2021. Ever since these stores re-opened, they have seen growth month after month. Numbers below reflect 6 months of numbers annualized.
Property Features and Assets:
<div><dl id="ctl00_ContentPlaceHolder1_wideProfile_listingDetails_dlDetailedInformation"><dd>6,000 square feet 61 washers 68 dryers all 2 1/2 years old Net Profit $284,599+/- 100% absentee parking for 13 spots currently landlord Will remove abandon small building and add an additional 10 more spots that will add a total of 23 spots 25 year lease.</dd></dl></div><div><div><div><div id="contactForm"><div><div> </div></div></div></div></div></div>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity