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Laundromat with Real Estate

Ocean County, New Jersey

Asking Price: Gross: Cash Flow:
$485,000 $275,000 $104,360

Furniture and Fixtures Value:
$0 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$359,000 (included in the asking price)

Business Summary:
Well established coin Laundromat with plenty of off street parking. This is a free standing building with parking for 25 +/- cars. Opportunity to lease out 2000 +/- sq. ft. of unused portion of the building. Motivated Seller- MUST SELL MAKE AN OFFER!! Retiring after 36 years at the same location. Financing available to qualified buyers. Solar panels installed on the roof 10.5 kilowatt system commercial accounts 47%, self-service 47%, and Wash dry fold 2%, vending 3%, solar 1%. For further details call Larry Bodner 908-851-9040.

 
   
   
Year Business was Established: 36
   
Number of Employees: 4  
   
Facilities / Terms of Lease: Free standing 6,000 sq. ft. building, parking for 25 +/- cares off street. Laundromat using approximately 60% +/- space, Balance can be leases out.  
   
Owner willing to finance: 5 years / Prime + 2%  
   
Reason for selling: Seller retiring after 36+years  
 

 

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