Card System Laundromat

New Jersey

  • Asking Price: $2,600,000
  • Gross Income: $780,000
  • Cash Flow: $436,293
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: Not Disclosed
  • Listing ID: #210163
  • Established: 2017
  • Employees: 3 FT, 2 PT

Business Description

4,000 square-foot card system laundromat 51 washers, 54 dryers (heubsch). Laundromat opened September 2017. This was a new build & installed & engineered to perfection. This card system has the latest cutting-edge technology allowing you to run your business completely remotely. This laundromat has very low operating expenses relative to the sales & works on an astonishing 55% profit margin. Machines still under warranty, sales are increasing month after month. Numbers are projected based on 15k a week, currently the store is doing 14k a week, 93% of their targeted project number. 90% self-service 10% wash & fold. Long lease available. Bank financing for qualified buyer requires 1,000,000 down. All numbers can be substantiated via card system.

Business Details

Primary Business Category: Retailers - Miscellaneous
Location: New Jersey

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT, 2 PT

Financial Information

Asking Price: $2,600,000
Gross Revenue: $780,000
Cash Flow: $436,293
Inventory: $500
Seller Financing Available: No

Property Information


Brand new state of the art card system laundromat, long lease, all equipment is 1 year old and still under warranty

Growth & expansion opportunities:

Currently run absentee with less than 10% wash and fold, new owner can expand this business


Little competition in this direct area

Reason for selling:

Owner moving in different direction

Support & Training:

Seller will train new buyer

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers