Neighborhood Laundromat For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $145596
Net Profit / Cash Flow $56075
Cash Flow Type EBITDA
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory 75000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks
Reason for Sale Relocation
Description This solid neighborhood Laundromat produces steady numbers. It features 30 washers and 30 driers along with vending machines. They offer wash and fold as well as dry cleaning drop (they use an outside company to do the dry cleaning). The equipment is only 10 years old and recently been through a complete service. The laundormat is only open from 7am - 8pm Mon - Fri and 6am - 8pm Sat & Sun, so expanding the hours and increase your bottom line. Adding pick-up and delivery service can also lead to additional revenue. If you have been looking for a Laundromat to operate as either hands on or absentee this is one you should consider.
Gross Sales: $145,596
Cash Flow: $56,075
NOW ONLY: $150,000
Bruce Miller
Senior Broker
Bridge Business & Property Brokers
Tel: 516-319-2282
Fax: 888-605-5727
Click Here To Contact Seller
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