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Super Saver Laundromat

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$115,000 $57,200 $35,000

Furniture and Fixtures Value:
$70,000 (included in the asking price)

Inventory Value:
$200 (included in the asking price)

Business Summary:
Well established Laundromat (20 years) in a residential area. Investors bought the place and remodeled from top to bottom, including basement! Brand new super water saver machines! Numbers are based on the past three months. Major advertisement is bringing more and more people in, and income will improve in the Fall/Winter seasons as more people learn about this Laundromat! 20 year lease! 11 washers - three 60lb. Maytag, four 30lb. Maytag, four 20 lb. Maytag. 14 double dryers - ten Huebsch and four continental. For further information please contact Virginia Leao at 973-567-1339 or at 908-851-9040 Ext. 261.

 
   
   
Year Business was Established: 1991
   
Number of Employees: 1PT  
   
Facilities / Terms of Lease: 800 sq. ft. facility with a 400 sq. ft. basement  
   
Potential Growth/Expansion: Open earlier close later  
   
Competition: None  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: Two weeks  
   
Reason for selling: Investor - opens Laundromats and sells  
 

 

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