Coin Laundromat with Big Potential

New Jersey (Essex)

  • Asking Price: $139,000
  • Gross Income: $293,156
  • Cash Flow: $64,160
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #211773
  • Established: 1988
  • Employees: 4PT

Business Description

Crystal clean, well-maintained laundromat - 39 washers 39 Dryers. Prime location in one of the highest traffic intersections in NJ (23-25k avg cars per day). Placed between attention-grabbing retailers Starbucks & CVS. Very strong wash & fold business with clear capability to grow given the resident profile in the area (15 minutes from the Caldwells, Livingston, Roseland, Essex Fells). Only one other laundromat within 6-mile radius. 3 points of access/exit to front & rear parking. POS system, 64% self-service, 35% WnF & 1% other. Current owner lives in London and runs the business remotely. Added 30k back to reflect an owner-operator.

Business Details

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

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4PT

Financial Information

Asking Price: $139,000
Gross Revenue: $293,156
Cash Flow: $64,160
Seller Financing Available: No

Property Information


2700 sq ft laundromat, 39 washers, 39 dryers, plenty of parking

Growth & expansion opportunities:

Owner operator can expand wash & fold



Reason for selling:

Owner cannot manage business from overseas

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