Business Summary:
This is a laundromat and wash & fold drop store combo being sold as a package deal. The drop store is located in Hoboken it’s 1,000 sqft and the owner services the wash & fold at his laundromat in Elizabeth 2,000 sqft, The laundromat sales are 210k & the drop store generates 325k For a combined total of 535K in annual sales There is 137K in payroll That an owner/family could absorb. 39 washers 46 dryers, half of the equipment has been recently upgraded. The current owner oversees the operation only spending about 15 hours a week.
|
|
|
|
|
Number of Employees:
2 FT/ 6 PT |
|
|
|
Facilities / Terms of Lease:
Drop store 1,000 square ft and the Laundromat is 2000 square ft, With plenty of parking. |
|
|
|
Potential
Growth/Expansion:
Lots of room for growth to increase Wash & Fold business. |
|
|
|
Competition:
There is competition in the area. |
|
|
|
Owner
willing to train:
Yes |
|
|
|
Reason for selling:
Retiring |
|
|
|
Seller Reference Number: 6305db
BusinessMart.com Listing Number: 236731 |
|
|
To request more information
on this business
please fill out the form shown right
|