Essex Laundromat
Essex County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $149,000 |
$36,000 |
$22,600 |
Business Summary:
Asking price includes real estate, building (3,000 sq. ft.) and all Laundromat equipment (32 washers, 24 dryers). Operating as a Laundromat for over 30 years. Current owner leases facility to a Laundromat operator. New owner could either lease to an operator or upgrade and operate the facility to improve profitability. Seller will also consider sale of equipment and lease of premises with an option to buy the property.
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| Year
Business was Established: 1982 |
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| Facilities / Terms of Lease:
(one story, brick and cinder block). 3,000 sq. ft. facility in busy urban area 32 washers and 24 dryer’s street parking, operating as a Laundromat for over 30 years currently leased to tenant on month-to-month basis. |
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| Potential
Growth/Expansion:
Upgrade equipment improve efficiently, add dry clean drop off |
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| Competition:
No Immediate competition |
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| Owner
willing to finance:
None-seller requires cash proceeds to pay off mortgage |
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| Owner
willing to train:
As required |
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| Reason for selling:
Other business interests |
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| REQUEST MORE INFO |
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