Executive Business Brokers
Business Brokers

Home

View Our Businesses For Sale

Contact Us

Established Laundromat

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$250,000 $160,000 $62,325

Furniture and Fixtures Value:
$55,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Business Summary:
Excellent opportunity for an owner operator as it is currently run. Extremely busy Laundromat in a high traffic strip mall in Passaic County. They also provide a wash and fold service. This is a coin operated operation with 23 washers and 24 dryers all about 10 years old. All machines are in excellent operating order. For further information please contact Howard Kupferman at 908-851-9040 Ext. 263.

 
   
   
Year Business was Established: 2001
   
Facilities / Terms of Lease: 1,200 sq. ft. facility in good clean condition, 23 washers and 24 dryers in good condition. 10 parking spots. The current lease is 6 years with two 5 year options.  
   
Potential Growth/Expansion: No  
   
Competition: No  
   
Owner willing to finance: All cash  
   
Owner willing to train: As needed  
   
Reason for selling: Looking to retire  
 

 

REQUEST MORE INFO

Full name:

E-Mail:

Telephone:

Message Text :