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Listed by:

Executive Business Brokers

Semi Absentee Coin Laundromat In Mercer County For Sale

Mercer County, New Jersey
Asking Price:
$499,000 (USD)
Sales Revenue:
$307,349 (USD)
Cash Flow:
$101,934 (USD)

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.

Business Operation

Expansion Potential:

Lots of upsides to increase wash and fold business

Competition / Market:

There is competition in area but the demographics are great and warrant this business.

Reasons for selling:

Owner has bad back

Trading hours:

Mon-Fri 6am-10pm, Sat-Sun 5am-10pm

Employees:
2FT 2PT
Years established:
7

Other Information

Support & training:

Seller will stay on for a transition

Financing available:

Bank financing available with 35% down payable over 7 years.

Listed by

Executive Business Brokers

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