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Tuesday, March 31, 2015

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Profitable Laundromat business located in a commercial area of Hudson County, NJ. The business was established in 1992 and is well known for excellent customer service. Services consists of coin & dry cleaning income and commercial wash & fold service which represents approximately fifty (40%) of the business income. The business has a number of commercial accounts for wash and fold service, which represents a solid income return to the owner. This particular Laundromat, which is 2,800 square feet is a clean and modern facility with an appealing appearance. The equipment is state of the art, fully computerized and uses a card system rather than coins. The business generates a gross income of $400,000 and a consistent net return to the owner. The sale includes a full staff including a delivery van full time driver.

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Store in strip mall on busy main street- Sales Breakdown Did $93,600 in “coin” and $23,400 in “wash and fold”- has all Speed Queen machines- 20 washers and 20 dryers- most are 7 years old, Landlord will give buyer up to 25 year lease if desired at $2,500 a month to start.

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