Busy North Hudson laundromat
- Listing Id: 0158
- Broker Name: TED CERULLI
- Category: Dry Cleaners
- Asking Price: $435,000.00
- EBITDA: $60,024.00
- Real Estate: $650,000.00
- Cash Flow: $101,000.00
- Inventory: $825.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $216,329.00
- FF&E: $20,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Hudson County
- State: NJ
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Owner reports all figures from his personal income tax. Situated in a highly overpopulated area. Surrounded by tenements and apartments. Massive apartment complex one block away. Place is always busy- have to zigzag thru patrons to get to rear. Wash and fold 40%, area needs more laundromats. Besides vending, also has coin changes, 3 TV’s, and 12 cameras. 30 washers 2/50- 9/35- 6/25 -13/18lbs. 2 hot water boilers in basement. Washer Huebsh. Maytag, and Wascomats. 18 Double stacked dryers (1 yr old) DEXTERS. AREA IS IN OVERPOPULATED, NORTH Hudson Area. Water bill 1,200/ sewage 1,800 monthly included in utility figures. Residents have to walk to place, parking in area is tight- do not move their cars. Does drop cleaners business also about 1.5% of total business income. Long lease extended easy to obtain.
Financial Summary
N/A
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