MergerPlace

Jersey Shore Coin Laundromat

New Jersey


  • Asking Price: $250,000
  • Gross Income: $163,000
  • Cash Flow: $59,000
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $150,000
  • Listing ID: #208028
  • Established: 15
  • Employees: 4 P/T

Business Description

Ocean County Laundromat located off major highway in a major strip mall with plenty of parking. 25 washers 25 dryer’s all in great shape seller recently upgraded most of the equipment. 59% self-service 37% wash and fold 4% other. Plenty of room for growth to expand wash and fold and pick up some commercial accounts. Landlord willing to give long-term lease. Laundromat is run absentee and they have 4 part-time employees covering all shifts. Motivated seller call Doug to take a tour today 908 851 9040 x 204


Business Details

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

Company Information

Year Established: 15
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 P/T

Financial Information

Asking Price: $250,000
Gross Revenue: $163,000
Cash Flow: $59,000
FF&E: $150,000
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

1800 sq. ft. located in major strip mall with plenty of parking 25 washers and 25 dryers most of the time equipment has been upgraded.

Growth & expansion opportunities:

Lots of opportunity for commercial accounts and wash and fold pick up and drop off

Competition:

Little competition in market

Reason for selling:

Seller moving out of state

Support & Training:

Seller will stay on o train 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