MergerPlace

Card Laundromat for Sale!

New Jersey (Bergen)


  • Asking Price: $799,000
  • Gross Income: $285,000
  • Cash Flow: $130,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #226315
  • Established: 1
  • Employees: 1ft 2pt

Business Description

Beautiful state of the art Bergen county card laundromat 24 washers 28 dryers Huebsch machines are super-efficient 9% gas & electric on the utilities no water bill WELL!!! parking for 20+ spots very low rent 2700 sqft $2,800 + re taxes 400 = $3,200 all in rent no Cam you are responsible for snow removal & garbage safe area entire store brand new construction fully automated machines all under warranty bank approved connection fees in are 2k plus per machine lots of asset value 12 yr lease store is projected to do $5,480 in weekly sales with a corresponding projected NET Profit of $130k +/-currently doing 4k weekly after just a few months!! In general new laundromats peak after 24 months. The store opened on 8/13/20.


Business Details

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

Company Information

Year Established: 1
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1ft 2pt

Financial Information

Asking Price: $799,000
Gross Revenue: $285,000
Cash Flow: $130,000
Seller Financing Available: No

Property Information

Facilities:

2700 sqft new fully automated card system laundromat with parking 12 yr lease in place.

Growth & expansion opportunities:

The very affluent area can add on-demand wash & fold, delivery service, no water bill.

Competition:

Little competition in market

Support & Training:

seller will train new buyer

Contact Business Seller

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Business Listed By:

Doug Bodner

Executive Business Brokers