Laundromat
Essex, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $199,000 |
$115,200 |
$41,009 |
Business Summary:
Est. Laundromat located in an intercity area on a busy road. Near McDonalds, C-Town. Low down payment. Long lease. Last wash 6-7 p shows good. Buyer can assume loan of equipment total 26- continental dryers @ 25 for 8 mins and 20 washers. 10- continental W-20 lbs @ 1.50 3 years. 6- Maytag W 35 lbs. @ 3.00- 3 years. 1- Maytag W 50 lbs @ 4.00 10 years. 2 Maytag w 50 lbs. @ 4.00 3 years. 1 Maytag 60 lbs. @ 6.00 2 months.
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
Approximately 2,000 sq. ft. Street parking. Good condition 2 months 10 year lease 5 years and 5 year option. Rent 1,400 per month. |
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| Potential
Growth/Expansion:
Add dry clean drop, with fold. Lotto machine. |
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| Competition:
Several |
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| Owner
willing to finance:
Down payment 70,000. Loan of 129,000. |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Wants to down size. |
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| REQUEST MORE INFO |
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