Jersey Shore Coin Laundromat
Ocean County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$300,000 |
$163,000 |
$59,000 |
Inventory Value:
$500 ( not included in the asking price)
Business Summary:
Ocean County Laundromat located off major highway in a major strip mall with plenty of parking. 25 washers 25 dryer’s all in great shape seller recently upgraded most of the equipment. 59% self-service 37% wash and fold 4% other. Plenty of room for growth to expand wash and fold and pick up some commercial accounts. Landlord willing to give long-term lease. Laundromat is run absentee and they have 4 part-time employees covering all shifts. $200,000 down and the remaining can be financed over 4 years at a 6.5% interest rate. Motivated seller call Doug to take a tour today 908 851 9040 x 204
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Year
Business was Established: 15 |
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Number of Employees:
4 P/T |
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Facilities / Terms of Lease:
1800 sq. ft. located in major strip mall with plenty of parking 25 washers and 25 dryers most of the time equipment has been upgraded. |
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Potential
Growth/Expansion:
Lots of opportunity for commercial accounts and wash and fold pick up and drop off |
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Competition:
Little competition in market |
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Owner
willing to finance:
Bank Financing Available |
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Owner
willing to train:
yes |
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Reason for selling:
Seller moving out of state |
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REQUEST MORE INFO |
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