Spacious Laundromat - 4750 Business Type: laundromats,misc. service/non-classifiable
Acted as the Advisor to the Deal
All of NJ
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $350,000 | Down Payment | $0 |
| Gross Revenues | $300,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $98,480 | Number of FT Employees | Register Free to View |
Financing
$0 Down and negotiable
Business Description
Clean, spacious laundry business with multiple sources of revenue, i.e. coin operated machines, wash & fold, dry cleaning, video games, detergent sales, ATM machine and snacks & soda sales. Presently, this is virtually an absentee run business so new ownership will increase income significantly with better oversight. Recently installed state of the art security system provides surveillance from any remote location via Internet, while new alarm system also ensures tight security. 30 Wasco washers and 30 Huescbh dryers line this large store with large area provided for folding operation. Little competition in immediate area.
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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