Business For Sale

Coin Laundromat

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$330,000 $207,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat Broker: Douglas Bodner

Quick Facts

Asking Price: $330,000
Annual Revenue: $207,000
Net Profit: Not Disclosed
Cash Flow: $70,225
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 13 years
Employees: 3
BBN Listing #: 97842979
Broker Reference #: 5737DB

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Business Overview:

This is a 2,400 square-foot Laundromat absentee run with 28 washers and 32 pocket dryers all equipment in great shape 13 years old. The machines are well-maintained. 72% coin, WnF 22% & 6% other. Store is open 105 hours a week numbers reflect owner operator working 40 hours a week and payroll covering 65 hours a week at $8.50 per hour.

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Property Features and Assets:

2,500 square feet Laundromat with 28 washers and 32 dryers. All equipment manufactures by Huebsch, 13 year old in great shape, plenty of parking, long lease in place.

Market Competition and Expansion:

There is competition in the market. Owner operator can increase business by picking up commercial accounts.

Reason for Selling:

Retiring

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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