Hot Listing

Coin Laundromat Pack & delivery

Asking Price$1,200,000

Cash Flow
$307,259
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$684,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Coin Laundromat Pack & delivery


Asking Price$1,200,000

Cash Flow
$307,259
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$684,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Essex County Coin Laundromat for sale 50 machines less than five years old, all manufactured by Dexter. Very busy strip mall with plenty of parking seven days a week operation 79% of sales are pick up and delivery (mostly credit card transactions) 21% self service. 80% of the pick up and delivery is located within Essex County 20% of the business is in Bergen, Hudson and Morris County. Clean cloud app to help manage the pick up and delivery business. All income can be substantiated. Eight part-time employees 4 drivers and 4 workers on site. Water and sewer included in the rent! 11 years remaining on the lease landlord would consider an extension. Includes three vans. Seller willing to hold back financing for a qualified buyer with $900K down.
About the Business
Years in Operation
30
Facilities & Assets
1,500 sq.ft.
Parking lot of 100+/- spots
Lease terms 11 years remaining.
Down payment: $900,000
Balance: $300,000 (seller willing to finance with 8% interest, payable over 5 years)
About the Sale
Financing Options
Balance: $300,000 (seller willing to finance with 8% interest, 5 year term)
Listing Info
ID
2401070
Listing Views
3354

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Business Listed by: DOUGLAS BODNER Executive Business Brokers

Listing ID: 2401070 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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