Laundromat For Sale in Camden County, NJ - 32923 Business Type: absentee business,laundromats
Acted as the Advisor to the Deal
Gloucester County, NJ
Atlantic County, NJ
Ocean County, NJ
Cape May County, NJ
Burlington County, NJ
Salem County, NJ
Philadelphia County, PA
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $250,000 | Down Payment | $250,000 |
| Gross Revenues | $169,500 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $80,000 | Number of FT Employees | Register Free to View |
Financing
$250,000 Down and
Business Description
Established Absentee laundromat, coin operated, heavy residential area. Limited competition. Most equipment only 3 years old. Dexter washers and dryers. Equipment is worth $180,000.Two change machines. Two vending machines. Security cameras and automatic locks. Monthly gross $12,000. $2480.Rent .Monthly averages $900. electric/gas $900 water/sewage.$600.payroll,$140 insurance. $100 misc. . Good Landlord. Will do a new 5 and 5 lease for qualified buyers. There are no financials available. Utility bills are available for review. Priced to sell @ 3x multiple. All cash deal. 1st $255,000. takes it. Seller wishes quick closing.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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