Iselin Money making Laundromat
Middlesex County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $99,000 |
$108,000 |
$29,970 |
Inventory Value:
$500 (included in the asking price)
Business Summary:
Absentee run, clean/ attractive Laundromat in strip mall with more then ample parking. 46 machine in 1450 sqft all Maytag’s. 2 50lb washers, 5-25lb still under warranty, 5-25lb 3-35lbs 10 top dryers’ loaders total 20. has flat screen TV and 8 surveillance cameras, Multiple seats and work benches. At present time charges .95 cents a pound W/D lowest in area. Attendants work only 8 hours daily/ all day on Sunday. By hiring attend for 11am to 5:30 pm shift wash and fold and machine use will defiant pick up. No vending in present time. Room for 2 machines, Roof top heating v\units hot water boiler well maintained. Seller will give to buyer all machines satisfactory order
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| Year
Business was Established: 1994 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
Well kept-46 machine Laundromat- All Maytag some still under warranty in strip mall with plenty of parking, good lease that new owner receive long option. |
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| Potential
Growth/Expansion:
Absentee advertising/ promotion- Bringing 2 newer vending machines present one has to be replaced has all necessary fixture to make a good rise void- no employees in after noon- should have attendant wash/fold, stopping sales and any relative activities would bring in better projection |
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| Competition:
This Laundromat has some of lower prices in area- W/F lowest should be raised. |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
other interests |
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| REQUEST MORE INFO |
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