Profitable Laundromat in a High Traffic Safe Area
- Listing Id: 5317
- Broker Name: TED CERULLI
- Category: Dry Cleaners
- Asking Price: $167,000.00
- EBITDA: $60,024.00
- Real Estate: $650,000.00
- Cash Flow: $50,742.00
- Inventory: $200.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $154,698.00
- FF&E: $75,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Somerset County
- State: NJ
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Situated on a heavily-traveled thoroughfare in an area with several hotels & apartment complexes. Plenty of free strip mall parking. Owner has a well-organized, profitable wash & fold set up. Machines include: (15) Huebsch 30 lb stack dryers, (8) Speed Oven front loaders, (4) Huebsch 35 lb front loaders, (3) Huebsch 27 lb front loaders, (2) Dexter T-900 60 lbs & (2) T-600 40 lbs. Furniture, Fixtures, & Equipment valued @ $75,000 which includes some other assets. Financials are 2014 tax return figures. Landlord will give a long term lease to qualified buyers. New owner should continue advertising in church bulletins - book cover type. Contact Seth Kain @ 201-317-4710 for more details & showing.
Financial Summary
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