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Owner Operator Coin Laundromat with Seller Finance

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$305,000 $235,000 $91,408

Business Summary:
Bergen County owner operated Coin laundromat 33 dryers 29 washers 15-17 yr old, Long lease in place 2100 ft.² 61% self-service 38% wash and fold one percent other Located in large strip mall with plenty of anchors and plenty of parking currently run absentee lots of apartments in the area numbers reflect owner operator working 51hrs a week. Automatic door Installed Opens at 6 AM and closes at 10 PM It also automatically turns on all the electric and closes the electric. Store is fully staffed two full-time employees covering two shifts a day.

 
   
   
Year Business was Established: 17
   
Number of Employees: 2 FT  
   
Potential Growth/Expansion: Owner operator can expand into wash & fold & commercial laundry  
   
Competition: Little competition  
   
Owner willing to train: Seller will train  
   
Reason for selling: Seller going into different business  

 

 

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