Laundromat
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $255,000 |
$291,200 |
$63,382 |
Business Summary:
Est. large turnkey Laundromat located on a busy road in a free standing bldg. Easy accessibility to building with parking in front. Shows well. Seller had replaced boiler w/ 2 yr old Takagi TK-3 hot water heater system w/ 4 units 180 k b.t.u. A savings of 18% on his bill. Mixed equip\'t w/52 washer & 29 double stack dryers & 13 Speed Queen dryers. Buyer must be approved of loan of 115k by credit union. Note will be satisfied in 11 1/2 yrs @ 5.9%. Loan can be refinance. Owner hands on. Looking to retire. For further information, please contact 908-851-9040 and ask to speak with Jim Hamdan at Ext 210.
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| Year
Business was Established: 1928 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
Approximately 3900sq.ft, parking in front of building, Turnkey condition, lease available. |
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| Potential
Growth/Expansion:
Add dry-clean machine or drop. |
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| Owner
willing to finance:
215k down with 115k finance through credit union |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Wants to retire |
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| REQUEST MORE INFO |
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