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Coin Laundromat- No Wash & Fold

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$550,000 $360,000 $117,225

Business Summary:
Well-established 100% self service laundromat located in major strip mall With plenty of anchor tenants and plenty of parking this laundromat does NOT offer wash and fold And there is a huge potential to offer this service. equipment has all been well-maintained 44 Dryers 35 washers all speed queen 22 years old and well-maintained. Owner spends about 30 hours a week at the store not really working just being there he also has very limited payroll as there really is no other services that the laundromat offers.

 
   
   
Year Business was Established: 1997
   
Number of Employees: 3pt  
   
Potential Growth/Expansion: New owner could offer wash & fold service to the business  
   
Competition: Little competition in area  
   
Owner willing to train: Seller will train new buyer  
   
Reason for selling: Seller is retiring  

 

 

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