Coin Laundromat
Beautiful state of the art coin laundromat in Monmouth county currently run absentee 34 dryers 11 years old in great shape, 30 washers 4 years old all equipment manufactured by Heubsch. 65%, self-service, 30% wash and fold, 4% vending/counter sales and 1% dry cleaning. 14 years remaining on lease. Seller goes to the laundromat twice a week to do collections. Motivated seller, $16,000 a month absentee profits. Very clean great Google reviews located on busy road. Lots of room for growth.
Facility:
-30 washers four years old 34 dryers 11 years old 2500 ft.² entire store was remodeled
-Expansion potential
-Lots of room for expansion into on-demand, pick up and delivery business located near shore towns
-May qualify for bank financing.
Financials (USD)
Asking Price $999,000
Cash Flow $191,145
Sales $445,000
Deal Terms
Represented by broker? Available On Request
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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