MergerPlace

Coin Laundromat

New Jersey (Bergen)


  • Asking Price: $230,000
  • Gross Income: $188,000
  • Cash Flow: $50,000
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: Not Disclosed
  • Listing ID: #203026
  • Established: 20
  • Employees: 1FT

Business Description

3,000 sq. ft. Coin Laundromat located in a strip mall with plenty of parking, 64 Machines (28 machines 8 yrs old). Break down of sales: wash & fold 13% commercial accounts 33%, coin self-service 43% dry clean drop 11%. Long lease in place. Seller runs business about 35 hrs a week.


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey
County: Bergen

Company Information

Year Established: 20
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT

Financial Information

Asking Price: $230,000
Gross Revenue: $188,000
Cash Flow: $50,000
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

3,000 sqft Coin laundromat parking for 30+ cars 65 machines in total

Growth & expansion opportunities:

Owner could build up compered accounts

Competition:

There is competition in area

Reason for selling:

Looking for other business

Support & Training:

Seller will trade new buyer

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Douglas Bodner

Executive Business Brokers