Union County Laundromat
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $795,000 |
$190,632 |
$130,392 |
Business Summary:
-Fully automated Laundromat for sale.
-100% absentee
-Over 20 years established business.
-ALL Equipment only 4 years old (IPSO 24 washers / 28 IPSO dryers; same OEM as speedy queen)
-NEW ATM, Vending, Soap dispensing machines
-Coin Plus APP system already installed on all Washers / Dryers
-Best profit margin in the business
-UNBELIEVABLE RENT!!!!!
-12 years remaining on lease
-ALL IN!!! no cam or RE Tax
-2 YEARS @ $1300!!!!
-5 YEARS @ $1,350!!!!
-5 YEARS @ $1,400!!!!!!
-Currently opens 24 hrs / 365 days (no attendant).
-Automatic door opener already in place if needed.
-Automatic lights on / off if needed.
-Plenty of parking
-Clean
-Size 1600 ft2
-Safe area
-Surveillance camera
-NEW HVAC System
-No employees
-Huge potential to increase wash and fold
*** Annual Net profit $123K ***
*** Asking $750K ***
**** ONLY LAUNDROMAT IN TOWN!! ****
Detailed Information
-Location:
Union County, NJ
-Real Estate:
Leased
-Building SF:
1,600
-Lease Expiration:
7/31/2035
-Employees:
0
For more information please contact Douglas Bodner at (908) 851-9040 ext. 204
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| Year
Business was Established: 2003 |
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| Facilities / Terms of Lease:
Leased |
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| Potential
Growth/Expansion:
Huge potential to increase wash and fold |
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| Competition:
ONLY LAUNDROMAT IN TOWN!! |
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| Owner
willing to finance:
Cash Offers Only |
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| Owner
willing to train:
Seller is willing to train for 2 weeks |
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| Reason for selling:
Focus on my main professional Job |
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| REQUEST MORE INFO |
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