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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