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Laundromat

Middlesex, New Jersey

Asking Price: Gross: Cash Flow:
$200,000 $150,000 $49,600

Inventory Value:
$6,000 (included in the asking price)

Business Summary:
Seller has to have back surgery and is motivated to sell. Great opportunity for owner operator that will reduce payroll. Laundromat has 25 washers and 26 dryers. They have 3 new 45lb. Wasco generation 6 washing machines/ 2-65lb Wasco generation 6 washing machines. Seller has invested over $100,000 in new machines.

 
   
   
Year Business was Established: 1984
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Parking available in Stop and Shop a few door downs. Laundromat has 25 washing machines and 26 dryers. Two years are left on the lease with an option 4 or 5 years.  
   
Potential Growth/Expansion: Continue to invest in new washing machines, which are water and energy efficient.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Seller has the have back surgery  
 

 

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