Business For Sale

4,000 sqft Bergen Coin Laundromat

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$360,000 $260,000

Services: Dry Cleaning & Laundry


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RE: 4,000 sqft Bergen Coin Laundromat Broker: Douglas Bodner

Quick Facts

Asking Price: $360,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $91,983
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 20
Employees: 2
BBN Listing #: 68062979
Broker Reference #: 6244DB

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Business Overview:

This is a must see Bergen County coin laundromat, over 4000 ft.² 34 washers & 55 dryers (14) 20lb Washers are brand new. Long lease in place plenty of parking brand new apartment complexes just built. 64% self-service, 11% dry cleaning, 3% soap sales, 22% w/f. Laundromat is currently run absentee with two full-time and two part-time employees. Numbers reflected show for an owner operator We added back the highest paid employee to the bottom line cash flow 19,769 to show for an owner-operator profit. currently, Owners realize a profit of $72,214 absentee

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Property Features and Assets:

4,000 square feet plenty of parking 34, 29 dryers, long lease.

Market Competition and Expansion:

Little competition area. Owner could expand into commercial accounts and pick up the wash and fold.

Reason for Selling:

Exiting the business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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