Business Summary:
A busy Laundromat 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 towards a greater income. The owner has priced the business aggressively for a rapid sale! A great opportunity with good potential!
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| Year
Business was Established: 1996 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
Facility consists of 2,493 square feet on a busy avenue and congested urban area, with lots of rental units. An existing 10 year lease with additional options is available from transfer. Total monthly rent is approximately $4,650. |
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| Potential
Growth/Expansion:
With an updated marketing plan and by increasing the wash and fold service this business can improve. |
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| Competition:
No other Laundromats exist in the immediate area. |
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| Owner
willing to finance:
Seller financing is available |
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| Owner
willing to train:
Seller will provide a full due diligence and transitional period. |
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| Reason for selling:
Seller financing is available |
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Seller Reference Number: LAUN111
BusinessMart.com Listing Number: 72385 |
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