Great No Overhead Laundromat
Morris County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $179,000 |
$105,000 |
$51,640 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Inventory Value:
$200 ( not included in the asking price)
Business Summary:
Do you want to enter the Laundromat business as an investor without getting involved except for collection/clean up? Extremely easy operation maliciously clean, located in two store mall with plenty of parking plus lot parking available. Equipment includes 28 washes/ 20 top loaders, 18lb whirlpool- 8 front ladders, 3 50lb, 5-35lb all fairly new Continentals 20 dryers in top notch shape. This Laundromat is attendant and payroll/employee. Free/spacious area in front with large TV and seats, located on main commercial street with a very inexpensive lease owner can renegotiate for continued options this lease will give any operator or competition advantage. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 1977 |
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| Facilities / Terms of Lease:
Laundromat kept in like new condition, very inexpensive lease, machines well maintained and appear new. Buyer can negotiate for continuing lease. Now is time to do this |
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| Potential
Growth/Expansion:
Can place an employee inside and do wash/fold plus pick up area calls for it. |
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| Competition:
Not too many Laundromats in area this facility is the easiest to get to with plenty of parking |
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| Owner
willing to finance:
Owner would prefer all cash |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Selling because of relocation of partners
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| REQUEST MORE INFO |
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