Card System Laundromat in Bergen County

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$340,000 $271,016

Services: Dry Cleaning & Laundry

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RE: Card System Laundromat in Bergen County Broker: Douglas Bodner

Quick Facts

Asking Price: $340,000
Annual Revenue: $271,016
Net Profit: Not Disclosed
Cash Flow: $74,846
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 5
Employees: 4
BBN Listing #: 17692979
Broker Reference #: 6435db

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Business Overview:

State of the art laundromat very long lease; currently run absentee; 30% wash and fold; can add drop off and delivery; hybrid coin & card system; water analysis with all the latest innovations; 2 boilers, 2 bathrooms, 2 offices; newest models. Electrolux washer/dryer, 36 washers, 8-62lbs. Numbers reflect owner operator working 50 hrs a week added back $31,200 from payroll, current payroll is $70,316, 12.48lbs, (16) 20lbs, 38 D30, 3 5lb/8-55lb; no change in prices since opened. Mall parking; laundromat has a play area.

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Market Competition and Expansion:

Little competition in area. & Could increase the wash & fold business and pick up some Commerical accounts.

Reason for Selling:

Works a full time job and travels a lot.

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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