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Laundromat w/ Dry Clean Plant

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$895,000 $390,000 $138,700

Real Estate:
$540 (included in the asking price)

Business Summary:
Established Laundromat/Dry Clean plant located on the border of Union/Essex County situated on the outskirt of a shopping center that has been remodeled and anchored by a supermarket across the street from a mega apt complex. Approximately 3,980 sq. ft. (combined) consist: Ipso 32 washers + Dexter 30 dryers. Pocket cleaners: Union 3 rd gen dry clean machines (perk) w/ conveyor belt 1,200 slots, etc. Zoning approved for a 3 story structure. Currently only business located in ground floor. Other: security. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.

 
   
   
Number of Employees: 4  
   
Facilities / Terms of Lease: Approximately 4,000 sq. ft., good condition, sold as package: business and property  
   
Competition: Several  
   
Owner willing to finance: 180k down payment on property and 160k down payment on business at prime + 1%  
   
Owner willing to train: 2 weeks  
 

 

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