Card Laundromat for Sale!

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$799,000 $285,000

Services: Dry Cleaning & Laundry

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RE: Card Laundromat for Sale! Broker: Doug Bodner

Quick Facts

Asking Price: $799,000
Annual Revenue: $285,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1
Employees: 3
BBN Listing #: 80282979
Broker Reference #: 7614db

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Business Overview:

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 year lease store is projected to do $5,480 in weekly sales with a corresponding projected NET Profit of $130,000 +/-currently doing $4,000 weekly after just a few months! In general new laundromats peak after 24 months. The store opened on 8/13/20.

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Property Features and Assets:

2,700 square feet new fully automated card system laundromat with parking 12 year lease in place.

Market Competition and Expansion:

Little competition in the market. The very affluent area can add on-demand wash & fold, delivery service, no water bill.

Additional Details:

  • The property is owned.
  • The owner is not 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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