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Card Stym Laundromat Financing available for Experienced Buyer

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$500,000 $370,000 $135,000

Business Summary:
Great Laundromat located in busy area with lots of foot traffic fully automated with card system. In strip mall with plenty of parking and foot traffic. Equipment 48W and 48D, 13 years old. All continental eight 55 lb. washers, twenty 35 lb. washers, twenty 18 lb. washers, forty-eight 30 lb. dryers. Brand new broiler. Owner/operator could easily increase sales. Good long term lease (17.5 years). Laundromat show very nicely. TV’s and Laundromat furniture galore, NJ lottery in place and profitable. Semi-Absentee. For further information please contact Douglas Bodner at 908-851-9040 Ext. 204.

 
   
   
Year Business was Established: 2000
   
Number of Employees: 4PT  
   
Facilities / Terms of Lease: This is a 4,000 sq. ft. Laundromat in a strip mall with big anchor. There is around 100 machines with card system in great working condition. 13 years old. Plenty of parking with a long lease in place  
   
Potential Growth/Expansion: Owner could do more commercial business and advertising  
   
Competition: Little competition  
   
Owner willing to finance: N/A  
   
Owner willing to train: Seller will stay on to train  

 

 

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