Laundromat
Passaic County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $435,000 |
$327,300 |
$108,674 |
Business Summary:
This Laundromat is one of New Jersey's premium, full service Laundromat 3,800 sq. ft. very clean and spacious flat screen TVs throughout the Laundromat. 74 machines (Speed Queen). Ample parking current owner work 10 hours a week. Long lease in place. Owner willing to hold a note for a qualified buyer. Self service (80%) WnF (15%), other 5% (dry clean, soap, vending). For further information please contact Douglas Bodner at 908-851-9040 Ext. 204.
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| Year
Business was Established: 2001 |
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| Number of Employees:
2FT/1PT |
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| Facilities / Terms of Lease:
3,800 sq. ft. Laundromat with 74 machines (speed queen), ample parking, 14 years left on lease Laundromat is well maintained and clean |
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| Potential
Growth/Expansion:
Owner operator can expand commercial and wholesale accounts |
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| Competition:
Little competition |
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| Owner
willing to finance:
Seller will hold $135,000 note to qualified buyer over 5 years at Prime + 1% |
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| Owner
willing to train:
Seller will stay on to train |
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| Reason for selling:
Seller going through personal problems |
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| REQUEST MORE INFO |
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