Businesses For Sale > Business For Sale in Essex county, New Jersey (NJ)
Essex county Card system Laundromat for sale in Essex county, NJ
Essex county, New Jersey (NJ)
Asking Price: |
Gross: |
Cash Flow: |
$ 1,200,000 |
$ 480,298 |
$ 227,816 |
Business Summary:
This is an established laundromat that was recently renovated . They shut it down and re-tooled 75% of the Machines. There are 23 washers that are original. The age is approximately 15 years old. 28% of income is wash & fold. These numbers are annualized and are super conservative forecasted projections as the stronger end of the year will bring those numbers up. Net profit is on par to do $227,816 for 2023 yr end. There is plenty of foot traffic & street parking. Keep in mind this is still relatively new store, so there’s plenty of room for growth.
For more information please contact: Douglas Bodner Listing ID#23088 (908)-851-9040 ext.204 https://www.youtube.com/shorts/WKjdRTCdcPk
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Facilities / Terms of Lease:
-3,000 sq. ft.
-street parking
-Re-Opened January 2023
-long lease in place
-All dryers are new wascomat,
-13 washers are new wascomat
-23 washers are 15yr old
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Seller Reference Number: 23088DB
BusinessMart.com Listing Number: 305384 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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