MergerPlace

Innercity Coin Laundromat

New Jersey (Hudson)


  • Asking Price: $470,000
  • Gross Income: $288,600
  • Cash Flow: $93,273
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209108
  • Established: 20
  • Employees: 3 F/T

Business Description

Absentee Hudson County coin laundromat located in inner city setting with lots of foot traffic. 36 washers only (8) years old! 28 dryer’s new! 15-year lease available with less than 2% annual increases! With upgraded equipment sales are continuing to grow. There Are no new laundromats allowed to be built in this town!  Bank financing available 35% down payable over 7years. 66% self-service 32% wash and fold 2% other. The seller can substantiate all figures.  


Business Details

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

Company Information

Year Established: 20
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 F/T

Financial Information

Asking Price: $470,000
Gross Revenue: $288,600
Cash Flow: $93,273
Seller Financing Available: No

Property Information

Facilities:

2,000 sqft laundromat, 36 washer (8 yr old) 28 dryers (new), 15 yr lease available less than 2% increase

Support & Training:

Seller will train

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers