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Coin Laundromat

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$230,000 $188,000 $50,000

Business Summary:
3,000 sq. ft. Coin Laundromat located in a strip mall with plenty of parking, 64 Machines (28 machines 8 yrs old). Break down of sales: wash & fold 13% commercial accounts 33%, coin self-service 43% dry clean drop 11%. Long lease in place. Seller runs business about 35 hrs a week.

 
   
   
Year Business was Established: 20
   
Number of Employees: 1FT  
   
Facilities / Terms of Lease: 3,000 sqft Coin laundromat parking for 30+ cars 65 machines in total  
   
Potential Growth/Expansion: Owner could build up compered accounts  
   
Competition: There is competition in area  
   
Owner willing to train: seller will train new owner  
   
Reason for selling: Looking for other business  

 

 

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