8 Year Old Card System Laundromat 200K+ Net Clean Tax Records
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $1,000,000 |
$480,000 |
$204,046 |
Furniture and Fixtures Value:
$400,000 (included in the asking price)
Business Summary:
Tax returns show favorably and this laundromat qualifies for an SBA loan. 3100 sqft card system laundromat 50 dryers 43 washers Huebsch 8 yrs. old. CCI card system. This is a Destination laundromat located in inner-city with parking. seller can back into all supporting figures. 58% self-service, 30% wash n fold , 7% dry cleaning & 5% soap sales. Easy landlord to work with, he will give a long-term lease. Bank financing available for qualified buyer. this Laundromat is currently being run fully absentee.
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| Year
Business was Established: 8 |
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| Number of Employees:
2 F/T 1 P/T |
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| Facilities / Terms of Lease:
3,100 sq. ft. card system laundromat, 93 machines 8 years old. Long-term lease available, located in strip mall with parking. |
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| Potential
Growth/Expansion:
Owner operator could expand different sources of revenue stream and pick up some was and fold accounts both commercial and residential. |
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| Competition:
This is a destination laundromat located off busy highway. |
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| Owner
willing to finance:
Bank financing available - SBA & third party |
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| Owner
willing to train:
Seller will stay on to train Buyer. |
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| Reason for selling:
Partnership dissolving |
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| REQUEST MORE INFO |
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