Coin Laundromat for sale in Passaic County

Not Disclosed, NJ
Passaic County

Asking Price: Annual Revenue:
$225,000 $278,000

Services: Dry Cleaning & Laundry

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RE: Coin Laundromat for sale in Passaic County Broker: Douglas Bodner

Quick Facts

Asking Price: $225,000
Annual Revenue: $278,000
Net Profit: Not Disclosed
Cash Flow: $67,760
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 2
BBN Listing #: 62472979
Broker Reference #: 7543db

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Business Overview:

Beautiful coin laundromat located in Passaic County New Jersey, 2,500 square feet. 30 washers 31 dryers all manufactured by Heubsch and well-maintained, front and rear assess to the laundromat. Plenty of parking 15+ spots owner currently runs store absentee. Numbers on this P&L reflect an owner-operator working 40 hours a week Covering shifts. Long-term lease in place landlord replaced 2 A/C units in 2019. Beautiful layout plenty of space and lots of Natural light. The owner will stay on for a transition period. 22% wash and fold 78% Self-service. An owner-operator could expand business by picking up commercial accounts as well as increasing the wash & fold business. Clean spacious and very safe area With great demographics. Contact Doug today to take a tour. Please use email reply button of this ad to contact us.

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Market Competition and Expansion:

Owner operator can expand wash & fold business as well as pick up some commercial accounts.

Reason for Selling:

Owner retiring after 18 years.

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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