A Laundromat Better than most

Morris County, NJ

A Laundromat Better than most

Asking Price:$205,000

Cash Flow:$58,547

Gross Revenue:$195,000

EBITDA:N/A

FF&E:$140,000

Inventory:$7,500*

Established:48

*not included in asking price.

A Laundromat Better than most

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Business Description

Always busy laundromat located in a fully rented strip mall that includes a Post Office, Quick Check and a brand new Rite Aid Drug Store. This business is 48 years old and current owner has been on board for 9 years. Store was completed renovated in 2012. Including new floors, walls, plumbing, lighting and machines. All new equipment HVAC. Many garden apartments in walking distance, machines included 28 Huebsch washers and 28 Huebsch stack dryers. Complete equipment list available including all ages. Contact Bill Friedman for further details 973-270-4375.

Detailed Information

Inventory:
Not included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,000 sq. ft. completely renovated in 2012, great parking lease 4 + 5
Competition:
Average
Growth & Expansion:
Probably not
Support & Training:
As much as necessary
Reason for Selling:
New business venture

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Larry Bodner

Business Listed By:
Larry Bodner

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