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Laundromat

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$85,000 $117,000 $45,000

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Inventory Value:
$1,700 ( not included in the asking price)

Business Summary:
Store in strip mall on busy main street- Sales Breakdown Did $93,600 in “coin” and $23,400 in “wash and fold”- has all Speed Queen machines- 20 washers and 20 dryers- most are 7 years old, Landlord will give buyer up to 25 year lease if desired at $2,500 a month to start.

 
   
   
Year Business was Established: 13
   
Number of Employees: 1  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Retiring  
 

 

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