Popular Laundromat with parking

Essex County, NJ

Popular Laundromat with parking
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Asking Price: $180,000

Cash Flow: $50,000

Gross Revenue: $210,355

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Real Estate: $650,000*

Established: 2002

*not included in asking price.

Popular Laundromat with parking

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Business Description

This is a long standing, popular, well maintained Laundromat in lovely Suburban town with very loyal customers for many years! Wash and Fold service is very favorable, as is the dry cleaning services

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,000
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Coin operated Laundromat with 28 Washers, and 30 dryers, in Suburban Essex County. Well maintained store, with loyal customer base. A very healthy Wash and Fold business, and Dry Cleaning drop off service. Single use building with plenty of parking.
Competition:
Prime location on a main street and intersection, with many other local business near by to satisfy customers needs.
Growth & Expansion:
An owner/operator is ideal, and can increase business with new ideas
Support & Training:
Owners will provide two weeks of hands on training, and support for a longer period
Reason for Selling:
Retiring
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Contact the Seller

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Paul J Vento

Business Listed By:
Paul J. Vento

Transworld Business Advisorss of Essex County

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