EZ Laundry & Dry Cleaning
Bergen County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$289,000 |
$268,000 |
$152,817 |
Furniture and Fixtures Value:
$190,000 (included in the asking price)
Inventory Value:
$200 (included in the asking price)
Business Summary:
Family owned by experience operator Took over laundromat that needed improvement. Now busy and functioning at all levels. Exceeding what was done in the past. 29 coin W 20lb/dexter new-5 30lb/15 yrs- 2-50lb -15yrs dexter new/ 10/40 lb maytag 15yrs/ 2-50lb-15yrs 24 dryers loaded cart/tables. Soap sold from counter, large boiler, change machine, drop store, next day pickup-600 hanger conveyor for drop store/large amount of w/f. Overall, sales up over 70,000for the same 7 months this year. W/F steadily increasing . 3 family members run operation. Place has no vending machines and they are allowed. Rent recently received reflected reduction in figures 10 year lease with options. Located in supermarket mall plenty parking. vending machine allowed.
|
|
|
|
|
|
Year
Business was Established: 20 |
|
|
Number of Employees:
3 |
|
|
|
Facilities / Terms of Lease:
1400 sq. ft. facility in large food Shopping mall only employees 3 family members. Rent reduced long lease over 10 years increasing in sales. Several new machines just purchased. |
|
|
|
Potential
Growth/Expansion:
Placing vending machine on Store |
|
|
|
Competition:
With mall parking this is the laundromat that got new area resently sales keep going up over $10,000.00 each month. |
|
|
|
Owner
willing to finance:
All Cash Transaction |
|
|
|
Owner
willing to train:
Two Weeks Training |
|
|
|
Reason for selling:
Owner and family wish to move on |
|
|
|
REQUEST MORE INFO |
|
|