Package Deal Southern Jersey Laundromats
Cumberland Co., New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $2,995,000 |
$455,000 |
$275,247 |
Furniture and Fixtures Value:
$500,000 (included in the asking price)
Inventory Value:
$1,000 (included in the asking price)
Real Estate:
$1,100,000 (included in the asking price)
Business Summary:
Sold as package with #3658vm. This well planned and equipped Laundromat is a model for Laundromats to be built in the future. Loaded with equipment all Dexter 21 (30lb.) Double stacked dryers (42) all commenced washers 12 (18 lb.) Double front loading washers 14 (25lb.) triple load front loaders 6 (40 lb.) max front loaders 4 (55lb.) mega front loaders 2 standard Maytag commercial washers 3 TV coffee/beverages/snack/soda and 5 areas of games (income figures in total sales amounts.) Place loaded with extra cart chairs benches. All existing equipment is being sold in working order and in as is condition. 1 acre of property that this money maker of Laundromat is sitting on has been approved for two construction pads, one which present owner would sell to buyer for an additional 300,000 (1,200 sq. ft. to be built on it) second approved site would come with purchase. Place has 500,000 new BTV Hot water heater 120 galloons. Figures from income tax.
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| Year
Business was Established: 2003 |
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| Number of Employees:
7 |
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| Facilities / Terms of Lease:
3,300 sq. ft. free standing building in new condition setting on one acre of land. |
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| Potential
Growth/Expansion:
Since Laundromat sits on one acre of land and two building pad sites have been approved further development and construction. |
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| Competition:
This is it has drowned out competition. |
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| Owner
willing to finance:
Since there is property and Real Estate involved owner wants all cash. |
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| Owner
willing to train:
Two weeks. |
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| Reason for selling:
Owner wishes to retire. |
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| REQUEST MORE INFO |
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