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Suburban Laundromat

New Jersey

Asking Price: Gross: Cash Flow:
$200,000 $88,805 $27,500

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$250 (included in the asking price)

Business Summary:
For further information, please contact 908-851-9040. Ext 265.

 
   
   
Year Business was Established: 1992
   
Number of Employees: 2 P/T  
   
Facilities / Terms of Lease: Good condition Laundromat with potential for growth. Previously inefficiently and undermanaged. Hours of operation recently changed from 6:00 close to 9:00pm. Owner lives 2+ hours away so will sell. Owner/ pm operator desiring job and investment at the same time ideal.  
   
Potential Growth/Expansion: Add drop dry clean, improve wash and fold sales.  
   
Competition: Less modernized Laundromat in town. Limited competition with wash and fold.  
   
Owner willing to finance: 2 years term, 5.5% interest  
   
Reason for selling: Re-location/distance  
 

 

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