Laundromat/ Dry Cleaner in Ocean County

NJ

Laundromat/ Dry Cleaner in Ocean County
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Asking Price: Get Financing: $99,900

Cash Flow: $44,000

Gross Revenue: $120,000

EBITDA: N/A

FF&E: $50,000

Inventory: $300

Lease Rate: $2,000 /Month

Established: 1990

Laundromat/ Dry Cleaner in Ocean County

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Business Description

Great location at the Jersey Shore next to Stop & Shop in the Point Pleasant. 1,600 sq.ft. 32 Huebsch dryers, 15 Huebsch washers. 60% coin, 30% w/f, 10% d/c. Plenty of parking. Currently run absentee.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
6/30/2020
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Many B&B’s and motels in the area to pick up as commercial accounts. Lots of seasonal residential rentals nearby
Support & Training:
2 weeks training
Reason for Selling:
Other business interests
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Lewis Rafel

Business Listed By:
Lewis Rafel

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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