Laundromat For Sale in Passaic County, NJ - 33117 Business Type: dry cleaning/ laundry services,laundromats
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $440,000 | Down Payment | $440,000 |
| Gross Revenues | $139,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $100,000 | Number of FT Employees | Register Free to View |
Financing
$440,000 Down and
Business Description
Seller owns real estate and a child day care center and is forced to divest himself of this 3,500 square foot spacious and profitable laundromat. Unable to devote sufficient time to this business, he eliminated dry cleaning drop off, pick-up and delivery, an ATM and he has not maintained all vending machines, which, if restored, would add in total more than $20,000 in additional profits.
The laundromat is equipped with 34 Washers and 40 dryers, all high-end Speed Queen and all about 10 years old. The boiler is shared with the neighboring business and is not included in the sale, but separate access is provided.
Approximately 200 townhouses are being constructed nearby all being installed without washers and dryers. This laundromat is being sold well below its installation cost some ten years ago.
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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