MergerPlace

Renovated Coin Laundromat

New Jersey (Bergen)


  • Asking Price: $225,000
  • Gross Income: $102,000
  • Cash Flow: $40,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $175,000
  • Listing ID: #209107
  • Established: 20
  • Employees: 2 P/T

Business Description

Completely renovated coin laundromat located in Bergen County with plenty of parking, 20 washers 18 dryers all new Electrolux. Bank financing available, owner currently runs the store 40 hours a week and can easily be replaced. Long lease in place 15 years with less than 2% annual increases!! This is a must see store. Currently doing 8,500 a month In sales this store is projected to do 10k-12k  a month in sales. 60% self-service 40% wash and fold and other Seller can back into all figures.


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 P/T

Financial Information

Asking Price: $225,000
Gross Revenue: $102,000
Cash Flow: $40,000
FF&E: $175,000
Seller Financing Available: No

Property Information

Facilities:

1,000 soft, plenty of parking, 20 washers and 18 dryers, all new, completely renovated

Growth & expansion opportunities:

Owner operator can pick up a few commercial accounts and grow the wash and fold business

Competition:

There is competition in area

Support & Training:

Seller will stay on to train

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers