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Listed by:

Executive Business Brokers

Card System Renovated Laundromat In Essex County For SAle

Essex County, New Jersey, US
Asking Price:
$1,600,000
Sales Revenue:
$687,969
Cash Flow:
$284,599

Please be aware that this Laundromat was recently upgraded with all new equipment 2 1/2 yeras ago and will this store was shut down for 5 years prior to May of 2021. Ever since these stores re-opened, they have seen growth month after month. Numbers below reflect 6 months of numbers annualized.

Property Information

Real Estate:

Lease

Lease Terms:

25 year lease

Premises Details:

6,000 sqft 61 washers 68 dryers all 2 1/2 years old Net Profit $284,599+/- 100% absentee parking for 13 spots currently landlord Will remove abandon small building and add an additional 10 more spots that will ad a total of 23 spots 25 year lease

Size in square feet:
6,000

Business Operation

Employees:
0