MergerPlace

Mega Card Laundromat

New Jersey (Essex)


  • Asking Price: $2,700,000
  • Gross Income: $780,000
  • Cash Flow: $450,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #225475
  • Established: 2020
  • Employees: 3ft

Business Description

Brand new state of the art mega card system laundromat, located in an inner-city setting with major anchors. The business offers 60 parking spots. This 5000 sqft fully automated laundromat is equipped with 52 washers and 52 dryers. The business operates on a CCI card system. The revenue breakdown shows 93% self-service, 5% was, and fold 2% supplies. Laundromat is based on projections of 65k a month currently doing 55k a month after month 5. Bank financing is available, requiring a down payment of 30% Great lease terms. Contact Doug today at 908-851-9040 x 204.
- 5,000 sqft
- Walk 20-60 feet to 3 different national retailers.
- Over 40 parking spaces.
- Ten-year lease with (4) Five-year options. 30 YRS
- Over 100 machines. 104 to be exact.
- Over 40 Jumbo laundry carts
- Washers and dryers loaded with every option manufacturer offer. E.G. All chrome basket inside dryers. Dryers spin in 2 different directions. Chrome doors on washers.
- 200G Force high extract washers
- Built in play zone for children
- Amazing signage on the face of the building
- 2 vision soap machines
- 2 traid bill breakers
- Latest version of CCI SYSTEM
- Latest version of CSI POS SYSTEM
- (4) 80lb
- (12) 60lb
- (12) 40lb
- (8) 30lb
- (16) 20lb
- (52) dryers (16) are jumbo dryers
- Amazing landlord to work with
- This store is well branded throughout its community and well known
- All equipment under full warranty


Business Details

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

Company Information

Year Established: 2020
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3ft

Financial Information

Asking Price: $2,700,000
Gross Revenue: $780,000
Cash Flow: $450,000
Seller Financing Available: No

Property Information

Support & Training:

Seller will stay on for a transition period

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