Card System Laundromat Financing Available (ID: 1121359)

Asking Price: $500,000
Gross Revenue: $370,000
Cash Flow: $135,000
Inventory: n/a
Real Estate: n/a
FF&E: n/a
Business Listed by LISTING BROKERExecutive Business Brokers
Contact Broker:Douglas BodnerExecutive Business BrokersView All of My Listings
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Business Description

Great Laundromat located in busy area with lots of foot traffic fully automated with card system. In strip mall with plenty of parking and foot traffic. Equipment 48W and 48D, 13 years old. All continental eight 55 lb. washers, twenty 35 lb. washers, twenty 18 lb. washers, forty-eight 30 lb. dryers. Brand new broiler. Owner/operator could easily increase sales. Good long term lease (17.5 years). Laundromat show very nicely. TV?s and Laundromat furniture galore, NJ lottery in place and profitable. Semi-Absentee. For further information please contact Douglas Bodner at 908-851-9040 Ext. 204.

About the Business

Year Established: 2000
Number of Employees: 4PT

Facilities: This is a 4,000 sq. ft. Laundromat in a strip mall with big anchor. There is around 100 machines with card system in great working condition. 13 years old. Plenty of parking with a long lease in place

Market Outlook/Competition: Little competition

About the Sale

Training/Support: Seller will stay on to train

Seller Financing: N/A

LISTING KEYWORDS: laundry, card system, laundromat, service, cleaning, clothing

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