Laundromat & Dry Cleaning
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $124800
Net Profit / Cash Flow $38137
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1980
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks.
Reason for Sale Health reason.
Description ASKING PRICE: $155,000. Very well established laundromat / Dry cleaner located on a major road right across the street from a residential complex. middle class area with heavy population is your key for doing more business and it's in this location. Has been there for more than 25 years and will be perfect for owner operator. LET'S MAKE A DEAL WHILE OWNER IS MOTOVATED.
Facilities: About 2,500 s/f laundromat contain 1 machine of 50 Ibs, 3 machines of 40 IBS,5 machines of 60 IBS, 16 machines of 16 IBS, 2machines 12 IBS, 4 machines 12 IBS, 28 OF 30 IBS Dryers all in good working condition. Some are 2 years old others are being rebuilt 2 years ago,Also a dry cleaners counter. Detergents sales area and game machine. Has plenty of parking located in a small strip mall, 2 years left on the lease with 2 terms of 5 years option but can negotiate for more if needed.
Growth and Expansion: Huge potential for growth since the area is a heavy populated area by adding free pick up & delivery for wash & fold service as well as free pick up & delivery service for dry cleaners,bring a wholesale accounts and local marketing will increase the volume at least 40%.
Email or contact Mohamed Elatriss at 908-757-2011 for more information on this Laundromat & Dry Cleaning business for sale.
Click Here To Contact Seller
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