MergerPlace

Coin Laundromat

New Jersey (Bergen)


  • Asking Price: $99,000
  • Gross Income: $149,200
  • Cash Flow: $38,211
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #205030
  • Established: 20
  • Employees: 3

Business Description

2000 square-foot Bergen County coin Laundromat, 32 dryers 27 washers all equipment manufactured by Dexter and Milnor 12 years old , New furnace two years old, natco boiler , 115-pound hot water storage tank, 1 standard change machine. Located in very busy strip mall lots of room for growth current owner does not do anything advertising or promote business. 71% coin, 26% WnF, 3% soap sales Great area to introduce wash and fold pick up service and add commercial accounts. No other new laundromats allowed to be built in the town. Numbers reflect owner operator.


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: 3

Financial Information

Asking Price: $99,000
Gross Revenue: $149,200
Cash Flow: $38,211
Seller Financing Available: Yes

Property Information

Facilities:

Located in strip mall with plenty of parking, 2,000 sq. ft., long lease available.

Growth & expansion opportunities:

Owner could increase sales by picking up some commercial business.

Competition:

Little competition in the area

Reason for selling:

Other business interest

Support & Training:

Seller will train

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers