Medium Sized Essex Laundromat
Essex, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $350,000 |
$150,000 |
$33,506 |
Furniture and Fixtures Value:
$200,000 (included in the asking price)
Inventory Value:
$400 ( not included in the asking price)
Business Summary:
Medium size and efficient Laundromat located in extremely safe area in Newark. Surrounded by home owners in small shopping area. Equipment includes all Wiscomat front loaders, 14 Double Stack Dryers 28 (30lb.), 23 washers 7 (20lb.), 13 (40lb.), 3(55lb.). Four years old. 1 TV, chairs, tables, carts, change machine - central air, hot water, heater, 4 years old also does about $20,000 yearly wash/fold corner store with ample street parking. Owner is landlord. No near by competition.
|
|
| |
|
| |
|
| Year
Business was Established: 2004 |
| |
|
| Number of Employees:
2 |
|
| |
|
| Facilities / Terms of Lease:
Medium sized facility with newer equipment, owners lease to tenant. Plenty of street parking. |
|
| |
|
| Potential
Growth/Expansion:
No advertising, no promotion. Good lease given by landlord would give new owner 20 years and more of ownership. |
|
| |
|
| Competition:
No competition in neighborhood which is a very safe area in Essex County. |
|
| |
|
| Owner
willing to finance:
Owner would accept financing of $140,000 – with length and interest rate to be negotiable. |
|
| |
|
| Owner
willing to train:
2 weeks |
|
| |
|
| Reason for selling:
Owner wishes to return to her country. |
|
|
|
| REQUEST MORE INFO |
 |
|
