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- RE: Coin Laundromat Pack & Delivery
- Contact: Douglas Bodner
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $684,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $307,259 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 30 | |
| Employees: | 8 | |
| BBN Listing #: | 996312 | |
| Broker Reference #: | 27320DB |
Business Overview:
Essex County Coin Laundromat for sale 50 machines less than five years old, all manufactured by Dexter. Very busy strip mall with plenty of parking seven days a week operation 79% of sales are pick up and delivery (mostly credit card transactions) 21% self service. 80% of the pick up and delivery is located within Essex County 20% of the business is in Bergen, Hudson and Morris County. Clean cloud app to help manage the pick up and delivery business. All income can be substantiated. Eight part-time employees 4 drivers and 4 workers on site. Water and sewer included in the rent! 11 years remaining on the lease landlord would consider an extension. Includes three vans. Seller willing to hold back financing for a qualified buyer with $900K down.
Contact the Seller:
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Property Features and Assets:
1,500 sq.ft. Parking lot of 100+/- spots Lease terms 11 years remaining. Down payment: $900,000 Balance: $300,000 (seller willing to finance with 8% interest, payable over 5 years)
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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