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LAUNDROMAT IN A HIGHLY POPULATED COMMUNITY

Seller: Attn: Customer Service
Location: Passaic County, NJ, USA
Listing Number: "LAUN111"


Asking Price: $150,000 USD USA Dollars
Industry: Services: Dry Cleaning & Laundry
Reason for Selling: Retiring out of the industry.
Year Established: 1996
Number of Employees: 2
Yearly Cash Flow: $46,000

Overview of the Business:

A busy Laundromat located in a highly populated area of Passaic County, New Jersey. This business is on a commercial avenue with several businesses and apartment buildings in the area. The business is fully equipped with 31 washers & 26 dryers, all in excellent working condition. The business has a limited wash and fold service which can further improve the business towards a greater income. The owner has priced the business aggressively for a rapid sale! A great opportunity with good potential!


Property Features and Assets:

Facility consists of 2,493 square feet on a busy avenue and congested urban area, with lots of rental units. An existing 10 year lease with additional options is available from transfer. Total monthly rent is approximately $4,650.


Market Competition and Expansion:

No other Laundromats exist in the immediate area. With an updated marketing plan and by increasing the wash and fold service this business can improve.


Additional Details:


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