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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



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

Mercer County, NJ
2200 sqft laundromat with parking for 14 spots.
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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Business Listed By:

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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