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Laundromat in a Highly Populated Community
| Asking Price: | $150,000 | Inventory: | $1,200 ** |
| Gross Revenue: | $132,000 | Real Estate: | n/a |
| Cash Flow: | $46,000 | FF&E: | $175,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
A busy Laundromat located in a highly populated area of Passaic County, New Jersey. This business is on a commercial avenue with several businesses and apartment buildings in the area. The business is fully equipped with 31 washers & 26 dryers, all in excellent working condition. The business has a limited wash and fold service which can further improve the business towards a greater income. The owner has priced the business aggressively for a rapid sale! A great opportunity with good potential!
About the Business
Year Established:1996
Employees:2 full time -
Facilities:Facility consists of 2,493 square feet on a busy avenue and congested urban area, with lots of rental units. An existing 10 year lease with additional options is available from transfer. Total monthly rent is approximately $4,650.
Market Outlook and Competition:No other Laundromats exist in the immediate area. With an updated marketing plan and by increasing the wash and fold service this business can improve.
About the Sale
Management Training and Support:Seller will provide a full due diligence and transitional period.
Reason For Selling:Retiring out of the industry.
Seller Financing:Seller financing is available
Sell Your Business | This listing has been viewed 74 times
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Current Search
State: New Jersey
County: Passaic Next Listing: Established Pizzeria & Catering- $900K Sales
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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