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Businesses For Sale > Business For Sale in East Orange, Essex County, New Jersey (NJ)

East Orange Two Laundromats for sale in East Orange, Essex County, NJ

East Orange, Essex County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 600,000 $ 313,236 $ 118,236

Furniture and Fixtures Value:
$ 300,000 (included in the asking price)

Business Summary:
Two inner-city laundromats for sale located within minutes of each other. Numbers reflect combined Laundromat's and can be broken down upon request. All equipment is manufactured by Dexter. First location 50 machines 6 years old second location 35 machines 4 years old. 70% self-service 30% is wash n fold /delivery. Owner currently runs laundromat's absentee we added back 30,000 to show for an owner operator.

 

   
Year Business was Established: 10
   
Number of Employees: 5  
   
Facilities / Terms of Lease: Two Laundromats combined with 4 sq. ft. lots of foot traffic and street parking 85 pieces of equipment between (4-6) years old, Long Lease.  
   
Potential Growth/Expansion: Owner operates and can expand business  
   
Competition: Little Competition in area  
   
Owner willing to finance: Seller will hold a note for a qualified buyer  
   
Owner willing to train: Seller will train  
   
Reason for selling: Personal issues  
   
Seller Reference Number: 5988DB
BusinessMart.com Listing Number: 209288
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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