Laundromat for Sale in Hudson County, NJ - 32885 Business Type: laundromats
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $195,000 | Down Payment | $50,000 |
| Gross Revenues | $135,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $25,000 | Number of FT Employees | Register Free to View |
Financing
$50,000 Down and $145,000 @ 7% For Seven Years
Business Description
Absentee Owned- Seller Financing- Increasing Cash Flow
This absentee owned laundromat which sits in the midst of Hudson County, New Jersey is in need of full-time attention.
It is marked by unnecessary payroll and limited offerings. Operate the business and lower payroll costs. Add lottery, cigarettes and ATM services and social media advertising and change the profit picture substantially.
The equipment includes twenty Huebsch (12-18, 6-30 and 2-60 pound) washers that are seven to ten years old and twenty Huebsch thirty-pound dryers that are 10 years old, all in working condition. They have one large commercial account and plenty of opportunity for more.
A truck used for pick-up and delivery is included with the business.
One of the owners lives more than 90 minutes away and both partners are eager to sell.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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