Fantastic! 63 Machine Laundromat, Absentee Net $200k +
Morris County, NJ
SERVICE
Pending Sale
Asking Price:
$1,350,000
Cashflow:
$230,000
Business Overview
24321
Listing ID:
• New machines that are only two years young.
• 29 washers & 34 dryers.
• Card system
• Water heater is brand new.
• Wash & fold service offered. No Delivery
• Long lease of 17 years (12 years remaining plus 5 year option)
• Prime location plenty of parking
• Current hours are 7:00 am – 9:00 pm.
This is a great value add opportunity by adding pick up/delivery service, opening for longer hours, advertising, & increasing wash/fold pricing.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business, please contact us at 908-224-1114 or info@primehedge360.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Prime Hedge Capital. Message and Data rates may apply.
FOR INTERESTED PARTIES PLEASE CALL US AT 908-224-1114
Financials
Asking Price:
$1,350,000
Cash Flow:
$230,000
Gross Revenue:
$580,000
Other Details
Property:
Building Size
Employees:
Equipment:
Cooperating Broker of Record
Name:
Company:
ID:
Leased
Yes
FT: 3, PT: 1
3200 sq. ft.
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