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Turn-key Laundromat with Property

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$1,250,000 $256,000 $150,000

Real Estate:
$800,000 (included in the asking price)

Business Summary:
Turn-key 4,200 sq ft laundromat with real estate ($800,000). 34 washers, 36 dryers approximately 6 years old.Contact Ted at 908-963-9421 for details, showing and discussion of expansion possibilities. Prospective buyers must complete NDA. Some seller financing to qualified buyer.

 
   
   
Year Business was Established: 17
   
Number of Employees: 3 P/T  
   
Facilities / Terms of Lease: Approximately 70% self-service; also, has wash n fold services as well as other miscellaneous profit centers. Vibrant downtown location. Considerable growth in area.  
   
Competition: Limited  
   
Owner willing to finance: Some seller financing to qualified buyer.  
   
Owner willing to train: 2 weeks upon execution of Asset Purchase Agreement  
   
Reason for selling: Retirement  
 

 

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