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Profitable Coin Laundromat

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$575,000 $461,290 $130,593

Business Summary:
Immaculate “ABSENTEE RUN” Laundromat with 46 Huebsch washers of varying capacities. 56 Huebsch dryers, bill changers, hot water heater, soap vending machine, scale, 14 tables, and 28 laundry carts. Has mezzanine office full basement and plenty of off street parking. Provable numbers, Financing available for qualified buyer.

 
   
   
Year Business was Established: 10
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 4400 Sq Ft Laundromat 46 Huebsch washers of varying capacities. 56 Huebsch dryers, bill changers, hot water heater, soap vending machine, scale, 14 tables, and 28 laundry carts. Has mezzanine office full basement and plenty of off street parking. Provable numbers, Financing available for qualified buyer.  
   
Potential Growth/Expansion: Currently no commercial accounts, new owner can expand that end of the business  
   
Competition: Very little competition  
   
Owner willing to train: Seller will stay on to train  
   
Reason for selling: Other business interests  

 

 

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