Established Laundromat
Middlesex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $80,000 |
$98,000 |
$34,000 |
Furniture and Fixtures Value:
$40,000 (included in the asking price)
Inventory Value:
$500 (included in the asking price)
Business Summary:
Established 1,050 sq. ft. Laundromat located in a very busy Shopping Center in Middlesex County with 23 washers and 25 dryers that range from single load to 30 lb. to 50 lb. Great location with plenty of parking. The general area has a large volume of residential apartments, condo’s and college near by that continue to need laundry service. Presently being run by a husband & wife and a part timer. All equipment is in good working condition and equipment has been replaced when needed. One year left on lease with a 3 or 5 year option. For further information please contact Gene Reilly at 908-851-9040 Ext. 293.
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| Year
Business was Established: 1986 |
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| Number of Employees:
1PT |
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| Facilities / Terms of Lease:
Established 1,050 sq. ft. Laundromat located in a very busy Shopping Center in Middlesex County with 23 washers and 25 dryers that range from single load to 30 lb. to 50 lb. Great location with plenty of parking. The general area has a large volume of residential apartments, condo’s and college near by that continue to need laundry service. Presently being run by a husband & wife and a part-timer. |
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| Competition:
Very little competition and needs marketing and advertising to grow business. |
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| Owner
willing to finance:
Prime + 2% |
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| Owner
willing to train:
2 weeks training |
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| Reason for selling:
Retiring |
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| REQUEST MORE INFO |
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