| Asking Price |
$175,000 | Inventory |
$200** |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
$110,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Brand new Laundromat just opened two-days old all new equipment with new machine guarantee/warranties. 19 30 lb. Huebsh washers 4 50 lb. Dexter washers 9 DBL stacked 30 lb. Huebsh dryers (18) 1 Dollar changer (coin dispenser) 10 Rolling baskets 2 Long tables 1 TV Chairs and clean restroom (new) all new equipment can be converted to card system (option still available) at present run absentee with 2 part time help wash + fold will be added (new owner can start immediately) did better in first two days than owner imagined with no grand opening advertisements. Empty store (Luncheonette empty next door same size at present). Possibility to expand into it. Financing for note on equipment can be obtained $49,000 build out and equipment cost very close to asking price. Due to extremely low rent arrangement, real possibility of recouping investment in 2 years. For further information, please contact 908-851-9040 Ext. 285.
Facilities: Brand new facility opened two days. All equipment new machine warranty + guarantee
Competition: No close competition in safe area of Union County single family home/apartment
Growth/Expansion: New Laundromat expandable into empty luncheonette next door same building
Financing: Owner would assign an equipment note for $49,000 to new buyer
Support/Training: Two weeks
Reason Selling: Female owner received job promotion has no time to keep Laundromat

Vito Mastrmonaco
908-851-9040
Executive Business Brokers
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