Very Busy Laundromat For Sale
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $183000
Net Profit / Cash Flow $77750
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1994
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks.
Reason for Sale Owner has other business.
Description Asking Price: $275,000. Well established Laundromat in excellent condition. Absentee owner. Also have video game machines that generate an extra income. Has room for expantion since present owner does not do pick up and delivery service.
Facilities: 2,500 s/f laundromat contain 25 machines 18 IBS, 14 machines 35 IBS, 6 machines 50 IBS, 2 machines 80IBS, 42 dryers and sales area. Located in strip mall with plenty of parking with 9 years lease and 5 years option. All machines are in excellent condition.
Competition: Located in a heavy residential area with no competition at all.
Email or contact Mohamed Elatriss for more information on this Laundromat for sale.
Click Here To Contact Seller
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