New Coin Op Laundromat
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $170000
Net Profit / Cash Flow $80000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Inventory 500000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Will train.
Reason for Sale Retiring and moving out of country.
Description Brand new laundromat for sale by experienced owners in area with lots of foot traffic. Asking $650,000 obo. This is our 2nd and newest laundromat owned (1st was recently sold) in Newark, NJ. Located on the corner of two main streets with plenty of parking. *Established for 3 years with no competition in the area.
*Adjacent to the local grocery store, across the street from a nursey home, and 1 block from the police station.
- Brand new Wascomat machines purchased in 2003.
- 23 Washers (7 20lb washers, 13 40lb washers and 3 55lbs washers.)
- 28 dryers (14 stack dryers with 2 pockets.)
- approx. 1,500 sq ft.
- Two experienced employees.
- Central air conditioning/heat.
- Security cameras and ADT alarm.
- Change Machine.
- Cable television.
- Small office with room for inventory.
- Very large basement for storage.
- Light post illuminates section all night.
**Excellent revenue from Wash/Fold service**
- Included in sale: Contract with local school to wash/fold.
GREAT LEASE.
Must Sell, retiring and moving out of the country. Email or call Diego at (862)755-9324 for more information on this Laundromat for sale.
Click Here To Contact Seller
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