Laundromat

Bergen County, NJ

Seller Financing Available
Laundromat

Asking Price:$550,000

Cash Flow:$130,000

Gross Revenue:$338,000

EBITDA:$175,000

FF&E:N/A

Inventory:$3,000*

Rate/Sq. Ft.:$16.00

Established:2002

*not included in asking price.

Laundromat

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Business Description

Great location for the business at the street shopping mall.
Steady clients and big room to grow for the new owner.
Unbelievable rent on the market. Sales volume can be increased easily.
Simple to run.by anyone.
You must see it.
The owner will show all the numbers and papers after the price is agreed by due-diligence.
For the showing, please email .brokerleo@hotmail.com
Attached NDF must be signed.
Or text 201 328 4324 . Only for the qualified buyers.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,200
Lease Expiration:
11/15/2030
Employees:
3
Facilities:
4200 sf. 45 washers and 52 dryers. Ample parking lot. Enough space to put extra business as drop shop or full dry cleaner.
Competition:
Not much
Growth & Expansion:
Needs more pick up and delivery by van. The current owner is inactive to retire. Drop shop can be installed and more vending machines necessary
Financing:
some possible if qualified
Support & Training:
The owner will support all the needs for the buyer.
Reason for Selling:
Retire

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Leo Yeo

Business Listed By:
Leo Yeo

NYNJ Business,LLC.

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