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

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Business Listed By:

Doug Bodner

Executive Business Brokers