Executive Business Brokers
Business Brokers

Home

View Our Businesses For Sale

Contact Us

Laundromat

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$595,000 $300,000 $136,400

Business Summary:
Large laundromat in very busy mall location. SALES BREAKDOWN - coin 66%; wash+fold 6%; drop dry-cleaning 28% - EQUIPMENT, washes 93, all front load. 12 years old. Dryers 54 - all 1 year old + 2 coin changers. There are 70,000 shoppers a week at PathMark. Also 18,000 household within 1 mile radius. The \"key\" to this is the unbelievable \"sweetheart\" very low price lease. Other income - Lottery $20,000 + vending $6,000. Inventory (not included in price) 50% of sales of dry-cleaning to be paid. For further information, please contact 908-851-9040 Ext. 209.

 
   
   
Year Business was Established: 1989
   
Number of Employees: 4PT  
   
Facilities / Terms of Lease: 3,000 sq. ft. with large mall parking, 2 ½ year lease + (3) 5 year options.  
   
Owner willing to finance: None  
   
Owner willing to train: 2 weeks  

 

 

REQUEST MORE INFO

Full name:

E-Mail:

Telephone:

Message Text :