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Card System Laundromat in Bergen County

Bergen County, NJ

Card System Laundromat in Bergen County
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Asking Price: $340,000

Cash Flow: $74,846

Gross Revenue: $271,016

EBITDA: N/A

FF&E: N/A

Inventory: $1,000*

Established: 2014

*not included in asking price.

Card System Laundromat in Bergen County

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Business Description

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. Numbers reflect owner operator working 50 hrs a week added back $31,200 from payroll, current payroll is $70,316, 12.48lbs, (16) 20lbs, 38 D30, 3 5lb/8-55lb; no change in prices since opened. Mall parking; laundromat has play area.

Detailed Information

Location:
Bergen County, NJ
Inventory:
Not included in asking price
Employees:
4
Facilities:
3000 sqft plenty of parking in the strip mall. Laundromat built 5yrs ago equipment in great shape 36 washers 38 dryers-0 Electrolux
Competition:
Little competition in the area
Growth & Expansion:
Could increase the wash & fold business and pick up some commercial accounts.
Support & Training:
Seller will stay on to train
Reason for Selling:
Works a full time job and travels a lot
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Larry Bodner

Business Listed By:
Larry Bodner

Executive Business Brokers

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