MergerPlace

Atlantic County Coin Laundromat

New Jersey (Atlantic)


  • Asking Price: $380,000
  • Gross Income: $176,800
  • Cash Flow: $73,291
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #205929
  • Established: 30
  • Employees: 2 P/T

Business Description

Atlantic County destination coin laundromat 1500 ft.² located in a strip mall with plenty of parking. safe location 22 dexter washers all relatively new, 26 wascomat Dryers 11 years old. 88% self service 10% Wash and fold 2% other owner opens the store and works from 7 AM to 10AM another part-time employee from 10 AM to 2 PM another part-time employee from 2 PM to 8 PM and the owner closes from 8 pm to 10 pm


Business Details

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

Company Information

Year Established: 30
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 P/T

Financial Information

Asking Price: $380,000
Gross Revenue: $176,800
Cash Flow: $73,291
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

Destination laundromat, 1,500 sq. ft., plenty of parking, long lease available, newer equipment.

Growth & expansion opportunities:

Owner operator can expand into pick-up and delivery

Competition:

Little competition

Reason for selling:

Retiring

Support & Training:

Seller will train new Buyer

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers