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Established Laundromat
Essex County, NJ |
Listing #22766 |
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| Financial Information (non-confidential) |
| Asking Price |
$360,000.00 |
Gross Revenues |
$230,400.00 |
| Down Payment |
$360,000.00 |
Owner’s Cash Flow |
$91,320.00 |
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Financing: $360,000.00 Down and Cash
Reason for Selling:Reduction of commute
Pride of business ownership is clearly evident in this busy laundromat. Professionally managed with bright and clean appearance. Interior completely renovated just 6 years ago including all new machines, new air conditioning unit and 2 hot water heaters (backup always available). 30 washers and 38 dryers (all Wascomat) are perfectly maintained in 2,000 square feet. 12 off street parking spaces Monday through Saturday with additional 7 parking spaces available on Sundays. The business district location draws customers from 3 surrounding towns. Wash and fold business already established. 10 years remain on current lease. To start a laundromat by yourself would require $300,000 for the same machines alone plus installation costs, but with this opportunity you pay only $360,000 for the complete business. If you are serious about making money on day one of laundromat ownership, then make your inquiry today!
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Vested Corporate
Senior Business Broker
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Servicing Area:
This Broker is Servicing All of States
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
