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Coin Laundromat

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$220,000 $194,963 $50,200

Business Summary:
Bergen County absentee coin laundromat for sale original owner 10 years. 22 washers 22 dryers all manufactured by Dexter 10 years old in great shape this laundromat has a well so very low utility expenses no water bill. Original staff from 10 years ago And no signs of them leaving they are very happy and comfortable. Located in great area amongst hundreds of apartments situated in front of the laundromat. Reasonable landlord rent increases CP!!!. 61% self-service 39% wash and fold. reason for sale owner leaving the state.

 
   
   
Year Business was Established: 10
   
Number of Employees: 1ft/2pt  
   
Potential Growth/Expansion: No wtaer bill could expand into commercial laundry. Owner operator could absorb payroll & offer pick up & delivery  
   
Competition: Little competition  
   
Owner willing to train: Seller will train new buyer  
   
Reason for selling: Leaving the state  

 

 

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