4,000 sqft Bergen Coin Laundromat
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $360,000 |
$260,000 |
$91,983 |
Inventory Value:
$500 (included in the asking price)
Business Summary:
This is a must see Bergen County coin laundromat, over 4000 ft.² 34 washers & 55 dryers (14) 20lb Washers are brand new. Long lease in place plenty of parking brand new apartment complexes just built. 64% self-service, 11% dry cleaning, 3% soap sales, 22% w/f. Laundromat is currently run absentee with two full-time and two part-time employees. Numbers reflected show for an owner operator We added back the highest paid employee to the bottom line cash flow 19,769 to show for an owner-operator profit. currently, Owners realize a profit of $72,214 absentee
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| Year
Business was Established: 20 |
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| Number of Employees:
2 F/T |
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| Facilities / Terms of Lease:
4,000 sqft plenty of parking 34, 29 dryers, long lease |
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| Potential
Growth/Expansion:
Owner could expand into commercial accounts and pick up the wash and fold |
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| Competition:
Little competition area |
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| Owner
willing to finance:
All Cash |
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| Owner
willing to train:
Seller will train new buyer to assure a smooth transaction |
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| Reason for selling:
Exiting the business |
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| REQUEST MORE INFO |
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