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Coin System Laundromat

Middlesex County, NJ

Coin System Laundromat
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Asking Price: $325,000

Cash Flow: $77,735

Gross Revenue: $172,130

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1969

Coin System Laundromat

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Business Description

Well-established laundromat 22 washers, 19 dryers, equipment is manufactured by Dexter/adc stack dryers. Long-term lease in place the current owner opens and closes the store seven days a week about 50 hours a week. He has no payroll, 57% self-service, 26%wash n fold, and 17% other. The seller can verify all income. Owner is looking to retire after 14 years.

Detailed Information

Location:
Middlesex County, NJ
Employees:
0
Competition:
Little competition in the area.
Growth & Expansion:
Can increase wash & fold business.
Support & Training:
Seller will stay on to train.
Reason for Selling:
Looking to retire
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Larry Bodner

Business Listed By:
Larry Bodner

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