Semi-Absentee Coin Laundromat

New Jersey (Mercer)

  • Asking Price: $499,000
  • Gross Income: $307,349
  • Cash Flow: $101,934
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214358
  • Established: 7
  • Employees: 2 PT 2 FT

Business Description

Semi Absentee Laundromat, clean tax records, seller can back into all income and expenses all verifiable (owner works 24 hrs a week) state of the art equipment all made in manufactured in the USA, 28 washers and 28 dryers. All Equipment is manufactured by Dexter only 7 years old! Bank financing available 35% down, Seller owns the building and will give a favorable lease to the qualified buyer as well as the first right of refusal. 37% wash & fold, 63% self-service. freestanding building with plenty of parking tax return numbers, a must see call Doug Today at (908) 851-9040 ext. 204 to take a tour Employees are all at $15 an hr an owner-operator can easily NET $150,000 if they hire new staff at industry standard rate $10 an hr and work the store.

Business Details

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

Company Information

Year Established: 7
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 PT 2 FT

Financial Information

Asking Price: $499,000
Gross Revenue: $307,349
Cash Flow: $101,934
Seller Financing Available: No

Property Information


2200 sqft laundromat with parking for 14 spots

Growth & expansion opportunities:

Lots of upsides to increase wash and fold business


There is competition in area but the demographics are great and warrant this business

Reason for selling:

Owner has a bad back

Support & Training:

Seller will stay on for a transition

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers