4,000SF Laundromat — Busy Shopping Plaza With Parking For Sale - Business for Sale
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Laundromat with 102 Machines in Bergen County, NJ
NJ, US
Added 1 day ago
Laundromat and Laundry Services
Absentee / Semi-Absentee
This is a 4,000 square foot laundromat located in a busy shopping plaza in Bergen County, NJ, operating with 102 machines and offering both self-service and wash-and-fold services.
Key Information
Asking
$950K
Revenue
$499K
Earnings
$173K
Multiple
5.5x
Key Highlights
- 4,000 square foot laundromat with 102 machines (50 washers, 52 dryers), mix of Continental and Maytag equipment
- Machines are all under 10 years old; some are approximately 3 years old, the rest approximately 7 years old
- Uses ESD card payment system and 'Cents' POS for wash-and-fold pickup and delivery
- Staff of three (two full-time, one part-time); semi-absentee friendly operation
- Current rent is $10,000/month (CAM included), with approximately 15 years remaining on the lease (through ~2041)
- Located in a densely populated, urban Bergen County, NJ community with a majority-renter market and significant older housing stock
Contact Info
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