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Absentee Owned- Seller Financing- Increasing Cash Flow This laundromat sits in the midst of Hudson County, New Jersey and is in need of full-time attention. It is currently absentee managed and generates a Cash Flow of $30,000 net of expenses. An owner-operator can reduce labor costs and boost cash flow to $50,000 or more. Add lottery, cigarettes and ATM services and social media advertising and change the profit picture. And there are plenty of commercial businesses in the area that offer even greater profit.The equipment includes twenty Huebsch (12-18, 6-30 and 2-60 pound) washers that are seven to ten years old and twenty Huebsch thirty-pound dryers that are 10 years old, all in working condition. A truck used for pick-up and delivery is included with the business.One of the owners lives more than 90 minutes away and both partners are eager to sell. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers.
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Seller will train
70,000.00 Down & $75K @ 7% For Seven Years
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