MergerPlace

4,000 sqft Bergen Coin Laundromat

New Jersey (Bergen)


  • Asking Price: $420,000
  • Gross Income: $287,700
  • Cash Flow: $111,952
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: Not Disclosed
  • Listing ID: #208794
  • Established: 20
  • Employees: 2 F/T

Business Description

This is a must see Bergen County coin laundromat, over 4000 ft.² 34 washers & 55 dryers (14) 20lb Washers are brand new. Long lease in place plenty of parking brand new apartment complexes just built. 64% self-service, 11% dry cleaning, 3% soap sales, 22% w/f. Laundromat is currently run absentee with two full-time and two part-time employees. Numbers reflected show for an owner operator We added back the highest paid employee to the bottom line cash flow 19,769 to show for an owner-operator profit. currently, Owners realize a profit of $93,492 absentee.


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: 2 F/T

Financial Information

Asking Price: $420,000
Gross Revenue: $287,700
Cash Flow: $111,952
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

4,000 sqft plenty of parking 34, 29 dryers, long lease

Growth & expansion opportunities:

Owner could expand into commercial accounts and pick up the wash and fold

Competition:

Little competition area

Reason for selling:

Exiting the business

Support & Training:

Seller will train new buyer to assure a smooth transaction

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers