Laundromat in a High Traffic Area
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $89,000 |
$125,000 |
$37,872 |
Furniture and Fixtures Value:
$25,000 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Business Summary:
All washers and dryers area in good condition, and are well-maintained. A new buyer can negotiate a continuation of lease agreement with the landlord. The landlord would offer a long term arrangement. Monthly lease payment is reasonable for the area and space, street parking and parking in a nearby lot. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or 201-317-4710.
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| Year
Business was Established: 1993 |
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| Number of Employees:
1PT |
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| Facilities / Terms of Lease:
See business description for this information |
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| Potential
Growth/Expansion:
A new owner can expand the ‘wash and fold’ service by increasing the customer base. Some advertising and promotion would help to achieve this. There are (2) nearby complexes with thousands of people. |
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| Competition:
Minimal competition in the immediate area |
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| Owner
willing to finance:
Owner prefers an “all cash” deal. A small amount of financing would be considered if the Buyer was credit worthy. |
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| Owner
willing to train:
Up to two weeks |
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| Reason for selling:
The owner has other business interests |
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| REQUEST MORE INFO |
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