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Coin Laundromat

New Jersey

Asking Price: Gross: Cash Flow:
$330,000 $207,000 $70,225

Inventory Value:
$300 ( not included in the asking price)

Business Summary:
This is a 2400 square-foot Laundromat absentee run with 28 washers and 32 pocket dryers all equipment in great shape 13 years old. The machines are well-maintained. 72% coin, Wnf 22%, & 6% other. Store is open 105 hrs a week numbers reflect owner operator working 40 hrs a week and payroll covering 65 hrs a week at $8.50 hr.

 
   
   
Year Business was Established: 13
   
Number of Employees: 1 F/T 2 P/T  
   
Facilities / Terms of Lease: 2,400 sq. ft. laundromat 28 washers, 32 pocket dryers 13 years old. All equipment in great shape, long lease in place, plenty of parking.  
   
Potential Growth/Expansion: Owner operator can pick up more commercial accounts and was and fold business.  
   
Competition: There is competition in market  
   
Owner willing to train: Seller will stay on to train  
   
Reason for selling: Retiring  
 

 

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