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Atlantic County Coin Laundromat

New Jersey

Asking Price: Gross: Cash Flow:
$380,000 $176,800 $73,291

Furniture and Fixtures Value:
$150,000 (included in the asking price)

Business Summary:
Atlantic County destination coin laundromat 1500 ft.² located in a strip mall with plenty of parking. safe location 22 dexter washers all relatively new, 26 wascomat Dryers 11 years old. 88% self service 10% Wash and fold 2% other owner opens the store and works from 7 AM to 10AM another part-time employee from 10 AM to 2 PM another part-time employee from 2 PM to 8 PM and the owner closes from 8 pm to 10 pm

 
   
   
Year Business was Established: 30
   
Number of Employees: 2 P/T  
   
Facilities / Terms of Lease: Destination laundromat, 1,500 sq. ft., plenty of parking, long lease available, newer equipment.  
   
Potential Growth/Expansion: Owner operator can expand into pick-up and delivery  
   
Competition: Little competition  
   
Owner willing to train: Seller will train new Buyer  
   
Reason for selling: Retiring  
 

 

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