Coin Laundromat
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $330,000 |
$230,000 |
$94,204 |
Inventory Value:
$0 ( not included in the asking price)
Business Summary:
This coin Laundromat is located in an inner city location with 45 washers and 40 dryers most under 10 years old. Numbers reflect an owner operator currently seller nets $70,000 “absentee”, Seller added back $25,272 which is what a full time employee gets paid. 25% Wash and Fold 75% self-service. Plenty of parking, Long lease in place.
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| Year
Business was Established: 1986 |
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| Number of Employees:
1ft 1pt |
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| Facilities / Terms of Lease:
This 2,500 sq. ft. coin operated Laundromat has a long lease in place with plenty of parking. Seller updated some equipment. |
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| Potential
Growth/Expansion:
Owner operator can expand business. |
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| Competition:
There is competition in area but demographics are great
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| Owner
willing to train:
Seller will train |
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| Reason for selling:
Other business opportunity |
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| REQUEST MORE INFO |
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