Coin Laundromat - Business for Sale

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Absentee-Run Coin Laundromat in Monmouth County, NJ

Union, NJ, US
Added 2 years ago
Coin Laundromat / Laundry Services
Absentee / Semi-Absentee

Coin laundromat in Monmouth County, NJ offering self-service laundry, wash and fold, vending, and dry cleaning, operated absentee with 30 washers and 34 dryers.

Key Information

Asking

$999K

Revenue

$445K

Earnings

$191K

Multiple

5.2x

Key Highlights

  • Business model: 65% self-service, 30% wash and fold, 4% vending/counter sales, 1% dry cleaning
  • 30 washers (4 years old) and 34 dryers (11 years old), all Heubsch equipment
  • 2,500 sq. ft. facility, remodeled
  • 14 years remaining on lease

Contact Info

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