Absentee laundromat located in safe neighborhood in Newark
Client base: Brazilian and Ecuadorian.
30 washer and 32 dryer.
Washer: 2-55 LBS, 8-40 LBS, 20-20 LBS.
Hours:
Monday to Friday: 7:30 AM to 8:00 PM.
Saturday & sunday: 6:00 AM to 8:00 PM
Wash & Fold: $0.99/ LBS, Minimum charge: $15.00.
Asking Price?399000Cash Flow?156000Gross Revenue?$358000Inventory?N/AEBITDA?N/AFF&E?N/ALease Rate5783Established2011Building SF2000Employees2CompetitionVery little competitionGrowth & ExpansionIf the owner works by himself, if the revenue will go up.Reason for Sellingretiring
