Absentee Laundromat with Potential
Monmouth County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $150,000 |
$144,120 |
$40,136 |
Business Summary:
This 1500 square-foot Monmouth County laundromat has 28 washers and 27 dryers. Currently run absentee, there are three part-time employees covering all shifts, located in a strip mall with plenty of parking. Lots of room for growth. 56% self-service, 21% commercial account, 18% wash & fold, 5% other. With a little upgrading and improvements on equipment the store can do way better. As it stands in the condition it is now they are currently doing 12,000 a month in gross sales. Landlord will give long lease. Seller profits over 3,000 a month absentee.
|
|
| |
|
| |
|
| Year
Business was Established: 20 |
| |
|
| Number of Employees:
3PT |
|
| |
|
| Facilities / Terms of Lease:
1500 sq ft, 28 washers, 27 dryers, long lease with plenty of parking, hours are Mon-Fri (8am-8pm), Sat-Sun (7am-7pm) |
|
| |
|
| Potential
Growth/Expansion:
Upgrading some new machines increase wash & fold business, lots of trailer parks in area, can pick up more commercial accounts |
|
| |
|
| Competition:
Minimal |
|
| |
|
| Owner
willing to train:
Seller will train new buyer |
|
| |
|
| Reason for selling:
Other business interests |
|
|
|
| REQUEST MORE INFO |
 |
|
