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The Wall Street Journal Online

Laundromat

Union County, New Jersey

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Photo Available
Asking Price:
$375,000
Gross Income:
$260,000
Cash Flow:
$93,087
FF&E:
$200,000.00 *
Inventory:
$500.00 *
Real Estate:
N/A
Year Established:
1984
Employees:
3
Business Type:
Drycleaning/Laundry Services

* included in the asking price

Business Description

Busy Laundromat in strip mall with active convenience store next door. Same owner for 28 years. He is only there once or twice a week. Hands on owner could increase business by offering dry cleaning drop and delivery wash/fold. For further information please contact Vincent Stagliano at 908-851-9040 Ext. 270.

Detailed Information

Facilities:
10 year lease most equipment under 5 years old plenty of parking in strip mall
Competition:
None
Growth/Expansion:
Could offer delivery wash/fold and dry clean drop
Financing:
None
Support/Training:
One month
Reason Selling:
Retiring
Contact Seller

Broker Information

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Business For Sale Listed By

Vincent Stagliano
Executive Business Brokers

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