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Laundromat

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$300,000 $208,000 $83,220

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Business Summary:
Established laundry same location 20 years. Current owner invested 100k in equipment and upgrades. He cannot give business 100% due to other interests. Adding dry cleaning drop store. Should increase business. For further information please contact 908-851-9040 ext# 270.

 
   
   
Year Business was Established: 1989
   
Number of Employees: 2  
   
Facilities / Terms of Lease: 11 stacked dryers – 22 washers  
   
Potential Growth/Expansion: Dry Cleaning drop store should increase business  
   
Competition: None  
   
Owner willing to finance: $100,000 prime + 2%  
   
Owner willing to train: 1 month  
   
Reason for selling: Other business interests  
 

 

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