Middlesex Coin Laundromat $300K Net
Not Disclosed, NJ Middlesex County
Asking Price:
$1,550,000
Annual Revenue:
$509,444
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- RE: Middlesex Coin Laundromat $300K Net
- Contact: Douglas Bodner
Quick Facts
| Asking Price: | $1,550,000 | |
| Annual Revenue: | $509,444 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $310,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 938205 | |
| Broker Reference #: | 23112DB |
Business Overview:
Key points 24 hours but all infrastructure in place to to open/close automatically including lights and tv if needed... Payrange app New hvac rooftop plus split ductless ATM/vending new Money maker machines are new 40's, 60's and 55lbs dryers) High margin on vend prices, wnf, and pickup and delivery 20 years lease Lots of private parking.
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Property Features and Assets:
- # of washers: 22 washers (10 washers are new/newer; remaining are 15 years old; well maintained) (4x60 lbs, 8 x40 lbs, 2x30 lbs, and 8x10 lbs)
- # of washers: 22 washers (10 washers are new/newer; remaining are 15 years old; well maintained) (4x60 lbs, 8 x40 lbs, 2x30 lbs, and 8x10 lbs)
- Size: 1,600 square feet
- Private/plenty parking
- Store runs for 24 hours
- Net Profit (monthly) $25,865
- Annual=$310,376
- Lease Ends 02/01/2045
- ATM and Snack / soda vending 2 years old
- Soap Vending machine
- Payrange
- Automatic door, lights
- TV already installed if needed to cancel 24 hours
- huge gross margins on the wash
Market Competition and Expansion:
60% seller financing available to qualified buyers!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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