Laundromat & Dry Cleaner

Bergen County, NJ

Laundromat & Dry Cleaner
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Asking Price: Get Financing: $85,000

Cash Flow: $80,000

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $5,250 /Month

Established: 1995

Laundromat & Dry Cleaner

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Business Description

Well-Maintained Coin Laundromat and Dry Cleaner for Sales

-Well maintained Laundromat & dry cleaner
-Very good location (River Edge, Bergen)
-Additional income( Soda, Snack, soap , and lottery)
-more than 20yrs in business
-Stand alone Building 2800sqft
-private Parking lot
-including private office

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
7/31/2027
Employees:
3
Facilities:
-20 washers & 18 Dryer -Dry cleaners stuffs(Racks, Belt rack, dry cleaning suppies) -Computerized POS system (integrated Credit card) - Vending machine soda & Snack - 46"wall Mounted HD TV - Coffee Vending machine - Coin Change machine
Competition:
-Huge apartment complex around the store, New condos are building nearby. -Very good location, Front of Train Station
Growth & Expansion:
-Wash & Fold service available -Pick up & Delivery help to increase sales -Promotions help to increase sales -Store currently operated by100% Employees, Owner not working in the store.$35K Profit -More Profit opportunity, if owner operate the store , $80K Profit
Financing:
Seller open to nego, only for serious buyer
Support & Training:
owner will provide training
Reason for Selling:
Current owner has another primary business, not enough time to do send business
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Business Listed By:
Owner

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