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Semi-Absentee Coin Laundromat

Mercer County, NJ

Semi-Absentee Coin Laundromat
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Asking Price: $499,000

Cash Flow: $101,934

Gross Revenue: $307,349

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2012

Semi-Absentee Coin Laundromat

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Business Description

Semi Absentee Laundromat, clean tax records, seller can back into all income and expenses all verifiable (owner works 24 hrs a week) state of the art equipment all made in manufactured in the USA, 28 washers and 28 dryers. All Equipment is manufactured by Dexter only 7 years old! Bank financing available 35% down, Seller owns the building and will give a favorable lease to the qualified buyer as well as the first right of refusal. 37% wash & fold, 63% self-service. freestanding building with plenty of parking tax return numbers, a must see call Doug Today at (908) 851-9040 ext. 204 to take a tour Employees are all at $15 an hr an owner-operator can easily NET $150,000 if they hire new staff at industry standard rate $10 an hr and work the store.

Detailed Information

Location:
Mercer County, NJ
Employees:
4
Facilities:
2200 sqft laundromat with parking for 14 spots.
Competition:
There is competition in area but the demographics are great and warrant this business
Growth & Expansion:
Lots of upsides to increase wash and fold
Support & Training:
Seller will stay on for a transition.
Reason for Selling:
Owner has bad back
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DOUGLAS BODNER

Business Listed By:
DOUGLAS BODNER

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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