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Laundromat with Property

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$1,100,000 $377,000 $161,566

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Real Estate:
$750,000 (included in the asking price)

Business Summary:
Well-established laundromat on a 15-store mall in a very good & heavily populated town - their space is condominiumized so they own it & receive $10,800 in income from basement rental - asking $1,025,000 for the total package, business is $275,000 & real estate is $750,000.

 
   
   
Year Business was Established: 25
   
Number of Employees: 4 PT 1 FT  
   
Owner willing to finance: Negotiable terms  
 

 

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