Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price	$399,000	Inventory	n/a**
Gross Income	$315,000	Real Estate	n/a**
Cash Flow	$152,000	Year Established	N/A
FF&E	$250,000*	Employees	3

* included in the asking price

** not included in the asking price

This business is a well established laundromat in a huge shopping mall. Even though there are several laundromats nearby, it is at the best location in the town. There are 31 Washer (5-50LBS, 4-35LBS, 6-30LBS, 16-16LBS), 30 Dryers, 35LBS Real Star Dry Cleaning Machine, 2 200 Gallon Hot Water Heater, and more. The rent is $4,100 for 5 years from now and 5% increment will applied to rent for next 5 years. In prior to provide additional information about the business, I should have a signed copy of your Confidentiality Agreement. A standard Confidentiality Agreement is available as attachment below, ld621Factsca.PDF. Please print and fax to the broker Hong Lee @ (201) 731-5248.

Attachments: Download additional information (PDF)

Facilities: Facility consists of 2,500 square feet on a huge stripmall with a continued demand for laundry services. An existing lease expiring in 2018. There are 31 Washers (5-50LBS, 4-35LBS, 6-30LBS, 16-16LBS), 30 Dryers, 2-200 Gallon Hot Water Heater, and Conveyer.

Competition: Several Laundromats Nearby, But Not Much Competition. This is the largest laundromat in the town.

Growth/Expansion: The busienss needs a marketing plan to further develop wash and fold service. With continued excellent service this business will maintain a solid income and return.

Support/Training: Seller will provide a full due diligence and transitional period.

Reason Selling: Move to Other State