Laundry with Dry Clean Drop
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $199,000 |
$180,900 |
$56,013 |
Business Summary:
This midsize Laundromat was chosen to handle the laundry for the most recent PGA Tournament in Springfield. It’s the only one in this section of town. It borders one affluent / one middle inc. Located on a busy main road near shopping centers. It’s well kept and in good condition. There are two entrances with parking (shared & maintain by town). Wasomat (34 washers and 30 dryers (double)). Long lease. Inc renewed contractual agreement for towel service will exp in 5 years. Seller motivated. Break down: Coins - $124,800 per year; wash and fold/dry clean drop - $33,600 per year, towel $22,500 per year. Other Inc. Snack/Soda vending $10,200 .For further information, please contact 908-851-9040.
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| Year
Business was Established: 1995 |
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| Number of Employees:
4 |
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| Competition:
Only one in area. |
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| Owner
willing to finance:
Down payment 140,000 balance 105,000 payable in 5 years at prime + 1% |
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| Owner
willing to train:
2 weeks |
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| REQUEST MORE INFO |
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