State of The Art Card Laundromat For Sale

Union County, NJ

State of The Art Card Laundromat For Sale
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Asking Price: $575,000

Cash Flow: $95,113

Gross Revenue: $247,500

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,390 /Month

Established: 2013

State of The Art Card Laundromat For Sale

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Business Description

Modern Beautiful State of the Art Laundromat

Bright, well-lit Laundromat located in a busy strip mall with a nice flow of traffic.
Laundromat is in an up-scale unique middle class neighborhood setting. Run semi absentee.
22 washers and 28 dryers in excellent condition with an ESD cards system. Machine Revenue makes up 72% of the revenue. Lease runs until 2037.

The business has been well received in the area and has a strong wash & fold business that can be greatly expended with an entrepreneurial operator because of the strong middle class demographic. Huge upside potential with a pick up and delivery service.
Revenue can be also be increased by expanding hours.

Detailed Information

Location:
Union County, NJ
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
1
Financing:
Bank Financing available to a qualified buyer
Reason for Selling:
Retire..
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Business Listed By:
James Angilella

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