Seller's Contact Information

  • RE:  Coin Laundromat In Union County
  • Contact:  Douglas Bodner

Quick Facts

Asking Price: $220,000
Annual Revenue: $173,255
Net Profit: Not Disclosed
Cash Flow: $45,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 939576
Broker Reference #: 23123DB

Email or Print Listing

Business Overview:

2,000 square-foot coin laundromat for sale Located in Union County, 56 machines 30 dryers ADC , 26 washers Wascomat fifth generation, The machines are about 16 years old . this generation is known to last forever parts and labor are always accessible. 53% self service 47% wash & fold. located in major strip mall with plenty of parking Landlord will give Long lease to qualified buyer. Owner works the store about 20 hours a week Monday through Thursday 8:30-2pm. There is three part-time employees. This owner is very detailed and can back into all numbers and representations. He is looking to retire after six years of ownership. Collections on the coins are done twice a week.

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Property Features and Assets:

1,900 square feet. 26 washers Wascomat & 30 dryers ADC 16 years old. Owner spends 20 hours a week at location. Open 7 days 8:30-8:30pm Located in major strip mall with plenty of parking. Self service 53% Wash & fold 47% long lease available.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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