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Card System Laundromat

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$330,000 $280,000 $66,035

Inventory Value:
$1,000 ( not included in the asking price)

Business Summary:
State of the art laundromat very long lease; currently run absentee; 30% wash and fold; can add drop off and delivery; hybrid coin &card system; water analysis with all the latest innovations, 2 boilers, 2 bathrooms, 2 offices; newest models. Electrolux washer/dryer; 36 washers, 8-62lbs, 12.48lbs, (16) 20lbs, 38 D30, 3 5lb/8-55lb; no change in prices since opened. Mall parking; laundromat has play area; cannot talk to employees; do not know place is for sale.

 
   
   
Year Business was Established: 5
   
Number of Employees: 2FT/2PT  
   
Potential Growth/Expansion: Could increase the wash & fold business and pick up some commercial accounts.  
   
Competition: Little competition in area  
   
Owner willing to finance: Bank financing available for qualified buyer with 35% down  
   
Owner willing to train: Seller will stay on to train  
   
Reason for selling: Works a full time job and travels a lot  
 

 

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