Laundromat for Sale in New Jersey
| Asking Price: | $210,000 |
| Gross Revenue: | $180,000 |
| FF&E: | $140,000 |
| Cash Flow: | $84,000 |
| Inventory: | $500 |
| Established Year: | 2016 |
Laundromat in Essex County
LISTING ID # 36605
This well-established boutique laundromat is located in Essex County, NJ; offering 18 coin operated washers and 16 dryers to walk in customers. The business runs 7 days per week including holidays, due to automatic doors which open at 6 am and close at 10 pm. In order to minimize costs, the current owner a part time attendant. There is wash and fold which represents 45% at this time, but is growing.; thanks to many upgrades including queen dryers and large machines, water heater-up-grade, roof top unit and cash machine. One full time and two part-time attendants keep the business running smoothly with little owner oversight. Do not miss this great business at a reasonable price with a decent cash flow. After paying all the expenses, the seller's net cash flow is $7,000 a month.
