Coin Laundromat- Pre Listing

Not Disclosed, NJ
Mercer County

Asking Price: Annual Revenue:
$480,000 $318,000

Services: Dry Cleaning & Laundry

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RE: Coin Laundromat- Pre Listing Broker: Doug Bodner

Quick Facts

Asking Price: $480,000
Annual Revenue: $318,000
Net Profit: Not Disclosed
Cash Flow: $119,910
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 8
Employees: 5
BBN Listing #: 89962979
Broker Reference #: 6008db

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Business Overview:

Coming soon coin laundromat clean tax records, the seller can back into all income and expenses all verifiable (numbers reflect owner working 55 hours a week we added back two of the highest-paid employees) seller currently runs business absentee. State of the art equipment all made and manufactured in the USA, 28 washers and 28 dryers. All equipment is manufactured by Dexter 8 years old! BRAND NEW HOLDING TANK, CENTRAL AIR/HEAT UNIT, AS WELL AS BOILER TURN KEY! Seller financing available. Seller owns the building and will give a favorable lease to a qualified buyer as well as the first right of refusal. 41% wash & fold, 59% self-service. Freestanding building with plenty of parking tax return numbers, a must-see call Doug today to take a tour.

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Market Competition and Expansion:

Little competition. An owner-operator could absorb the payroll and expand into dry leaning and n-demand washing for pick up and drop off this laundromat is ideal for a family run or owner-operator.

Reason for Selling:

Seller possibly relocating.

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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