Successful 4 month old Laundromat
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $215,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$220,000 (included in the asking price)
Inventory Value:
$0 (included in the asking price)
Business Summary:
Semi-absentee operating – entirely new Laundromat (4 months). Situated in small strip mall directly across the street from large food market chain store with excess parking. Only 4 months in operation and is doing over $2,000 weekly. Owner is Landlord who would rather stay as Landlord and willing to five Buyer a very long lease ($2,200 monthly). Equipment consists of 36 machines all Speed Queens. Total 18 dryers and 28 washers – One 60lb., four 40lb., seven 50lb., six 20lb. Change machine. 250,000 brand new water boiler scale, cable TV, fully air conditioned, Wi-Fi, work tables, basket chairs, no vending machines, but these can be added. Wash and fold is minimal here and new Buyer can develop this part of trade. On pace to be doing $3,500 and above weekly by the end of the first year. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.
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| Year
Business was Established: 2012 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
All new (4 months old) Laundromat – cost Owner more than $220,000 to put together. In small strip center where Owner is Landlord – plenty of parking |
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| Potential
Growth/Expansion:
Advertising and promotion – although it may not be necessary as business is still increasing |
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| Competition:
New to market; however, because of location, business continues to increase |
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| Owner
willing to finance:
Owner/Landlord would be willing to finance part of purchase price to qualified Buyer |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner selling several businesses – would rather remain a Landlord |
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| REQUEST MORE INFO |
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