Local Laundromat In Busy Community
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $132000
Net Profit / Cash Flow $46000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 1 - 3
Inventory 175000 Equipment only
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a full due diligence and transitional period.
Reason for Sale Retiring out of the industry.
Description A busy Laundromat for sale, 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 for a greater income. The owner has priced the sale aggressively for a quick sale. A great opportunity with a good potential!
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