- Listing ID: 909673
- (Seller ref: LAUN111)
Laundromat In A Highly Populated Passaic County Community For Sale
- Location:
-
- USA
- > North East
- > New Jersey
- Type:
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Summary
- Asking price:
- $150,000 (Furniture / Fixtures included)
- Sales revenue:
- $132,000
- Cash flow:
- $46,000
- Years established:
- 13
- Employees:
- 2
Business description
A busy Laundromat located in a highly populated area of Passaic County, New Jersey. This business is on a commercial avenue with several businesses and apartment buildings in the area. The business is fully equipped with 31 washers & 26 dryers, all in excellent working condition. The business has a limited wash and fold service which can further improve the business towards a greater income. The owner has priced the business aggressively for a rapid sale! A great opportunity with good potential!
Property information
- Real Estate:
- Lease
- Lease terms:
- An existing 10 year lease with additional options is available from transfer. Total monthly rent is approximately $4,650.
- Leasehold rent:
- $55,800 per annum
- Location:
- Facility consists of 2,493 square feet on a busy avenue and congested urban area, with lots of rental units.
- Size in square feet:
- 2,493
Other information
- Expansion potential:
- With an updated marketing plan and by increasing the wash and fold service this business can improve.
- Competition / Market:
- No other Laundromats exist in the immediate area.
- Support & training:
- Seller will provide a full due diligence and transitional period.
- Reasons for selling:
- Retiring out of the industry.
- Trading hours:
- Monday thru Sunday
7:30 am to 9:00 pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller financing is available
- Furniture / Fixtures value:
- $175,000 (included in the asking price)
- Inventory / Stock value:
- $1,200
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- > New Jersey
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