Busy Laundromat For Sale
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $225000
Net Profit / Cash Flow $96830
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Personal
Description Owner absentee well located busy Laundromat surrounded by low cost housing & senior citizen apartments. Owner shows up occasionally to check on place and collect money. All equipment is 2 years new with 3 years remaining on original warranty. 36 Huebsch Washers- 20 18#, 8 45#, & 8 65#. 58 Huebsch Dryers- 25#. Landlord will give 10 year lease.
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