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Asking Price$150,000
Revenue$90,000 EstablishedUndisclosed
Cash Flow$60,000 Employees1 part-time
FF&EUndisclosed FranchiseNo
Inventory$65,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Located in a densely populated area of Essex County and on high trafficked street, this modern Laundromat boasts off-street parking for more than 50 cars, all new washers and dryers, a clean, modern interior and a significantly growing customer base as its nearby competitor closed its doors. Each month now exceeds the previous month in sales and profits and every month in 2016 surpassed the comparable month in 2015. The owner is now thinking about expanding the business by adding washing machines, moving drop-off laundry to a full size basement and sending flyers to a 350 and 200 unit apartment complex previously served by his competitor. If this business does not sell now, the owner will take it off the market or raise the price. The owner originally built this Laundromat for his mother to run but she opted for Arizona soon after. The owner is only able to work the business off-hours and now needs to devote more time to his busy construction business. Please contact the broker for further information at 1-877-735-5224.
Training/Support:The seller will train the new owner.
Seller Financing:$150,000.00 Down
Sale Reason:Seller would like to retire.
Ad #79089
Seller Reference #27923
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Contact This Seller
Gerald Nimberg
1-877-735-5224
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