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Laundromat

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$485,000 $368,337 $150,000

Business Summary:
Great location for a Laundromat; been there 20 years; New apartment complex across street should continue to grow the business; 49 washers (Maytag), 48 dryers. Other income: Paper- $2,000; Credit Card- $1,170; Misc. - $5,000.

 
   
   
Year Business was Established: 20
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 4200 sq. ft.; 49 washers, 48 dryers; 10 year lease; plenty of off street parking  
   
Potential Growth/Expansion: Could offer pick up & delivery in town  
   
Competition: None in area  
   
Owner willing to train: 1 month  
   
Reason for selling: Other business and out of state  

 

 

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