Essex County Coin Laundromat for sale 50 machines less than five years old, all manufactured by Dexter. Very busy strip mall with plenty of parking seven days a week operation 79% of sales are pick up and delivery (mostly credit card transactions) 21% self service. 80% of the pick up and delivery is located within Essex County 20% of the business is in Bergen, Hudson and Morris County. Clean cloud app to help manage the pick up and delivery business. All income can be substantiated. Eight part-time employees 4 drivers and 4 workers on site. Water and sewer included in the rent! 11 years remaining on the lease landlord would consider an extension. Includes three vans. Seller willing to hold back financing for a qualified buyer with $900K down.
- Asking Price:
- $1,200,000
- Sales Revenue:
- $684,000
- Cash Flow:
- $307,259
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
11 years remaining
- Location:
-
Essex County, NJ
- Premises Details:
-
1,500 sq.ft. Parking lot of 100+/- spots Lease terms 11 years remaining. Down payment: $900,000 Balance: $300,000 (seller willing to finance with 8% interest, payable over 5 years)
- Size in square feet:
- 1,500
Business Operation
- Employees:
- 8
- Years established:
- 30
Other Information
- Financing available:
-
Down payment: $900,000
Balance: $300,000 (seller willing to finance with 8% interest, payable over 5 years)
