Laundromat in Retail Plaza

Middlesex County, NJ

Seller Financing Available
Laundromat in Retail Plaza
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Asking Price: $250,000

Cash Flow: $65,000

Gross Revenue: $154,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,828 /Month

Established: 1998

Laundromat in Retail Plaza

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Business Description

Established laundromat located in popular retail plaza in great neighborhood. Close to residential areas as well as major roads. Excellent room for growth as business is current doing $5000 weekly in wash and fold. Current equipment includes: 16 Maytag dryers built in 1990, 6 Continental dryers built in 2010, plus 2 Maytag dryers at 1988, there are 3 continental washers built in 2017, 8 Maytag top loader washers built in 2012, 1 Continental front loader built in 2010, 2 Maytag front loaders built in 2014.

Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
1FT/1PT
Support & Training:
2 weeks
Reason for Selling:
Relocation
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Larry Bodner

Business Listed By:
Larry Bodner

Executive Business Brokers

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