Laundromats + Dry Cleaning in a Building

Old Bridge, NJ (Middlesex County)

Laundromats + Dry Cleaning in a Building
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Asking Price: $699,000

Cash Flow: $275,900

Gross Revenue: $575,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,000 /Month

Established: 1993

Laundromats + Dry Cleaning in a Building

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Business Description

Long time established very Profitable and No competition.
Coin Laundry and Dry cleaning all in one place.
Owner retire and will give a generous lease condition.

Owner's comment.
1. We have never run advertisements or sales for the business. Any advertisement or any type of sale would increase the business without question.
2. Across the street from our location, a new development is being built. It will be both commercial and residential. Importantly, 1,300 residential units will be built there. The main entrance will be 1 traffic light south of our location, and almost everyone will be traveling north to go to work. By default, they will be passing this location.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,300
Lease Expiration:
12/12/2028
Employees:
6
Competition:
Sole building
Growth & Expansion:
lot of new construction
Reason for Selling:
retire
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Contact the Seller

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Sangkyun Kim

Business Listed By:
Sang kyun (SK) Kim

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Sponsoring Broker:
Sam Chang

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