New Start Up Laundromat In New Jersey For Sale

Business description

New start up Laundromat; state of the art facility; revenues climbing about $11-12,000wk; projecting to $15k wk in yr 3; 80 dryers + 64 washers all new and under warrant; long lease in place with options and low escalator; motivated seller; sales breakdown +/- 20% W&F +/- 20%, dry clean drop +/-60%, self service; new buyer can increase wholesale & commercial accounts. For further information, please contact Douglas below.

Property information

Premises details:

Approx 6,000sq.ft; over 140 machines; brand new facility; equipment under warranty; parking in rear; card system

Business Operation

Expansion potential:

New operator can aggressively expand commercial accounts

Competition / Market:

Limited competition; demographics are dense population base mainly rental apartments

Reasons for selling:

New development project

Trading hours:

20 hours day

Employees:

3

Years established:

1

Other information

Support & training:

As needed

Financing available:

Cash offers

Furniture / Fixtures value:

$800,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)