MergerPlace

Coin Laundromat

New Jersey (Monmouth)


  • Asking Price: $139,000
  • Gross Income: $144,120
  • Cash Flow: $41,037
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #210867
  • Established: 20
  • Employees: 2PT

Business Description

2000 square-foot coin laundromat 27 washers 28 dryers, (15) washers recently replaced long lease available, stable commercial account In place. Numbers are continuing to increase located near three major trailer parks, this is a good built-in customer base. Owner currently runs the store about 15 hours a week. Seller is willing to hold a note for a qualified buyer. 56% self-service, 21% commercial account, 18% washing phone & 5% other.


Business Details

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

Company Information

Year Established: 20
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2PT

Financial Information

Asking Price: $139,000
Gross Revenue: $144,120
Cash Flow: $41,037
Seller Financing Available: Yes

Property Information

Facilities:

28 washers, 27 dryers, 2000 sq ft, plenty of parking, long lease available

Growth & expansion opportunities:

Owner operator could give the business a good push and upgrade the laundromat as well as increase wash & fold and pick up more commercial accounts.

Competition:

Little competition in the market

Reason for selling:

Job opportunity in FL

Support & Training:

Seller will 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:

Doug Bodner

Executive Business Brokers