Coin Laundromat Pack & delivery - Business for Sale
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Coin Laundromat with Delivery Service in Essex County, NJ
NJ, US
Added 26 days ago
Laundromat with delivery service
31 years in business
Coin laundromat in Essex County, NJ offering self-service and pick-up/delivery laundry services, operating from a strip mall with 50 Dexter machines and three vans included.
Key Information
Asking
$1.2M
Revenue
$684K
Earnings
$307K
Multiple
3.9x
Key Highlights
- Business established for 31 years
- 50 Dexter machines less than five years old included
- 79% of sales are pick up and delivery (mostly credit card), 21% self-service
- 80% of pick up and delivery business is in Essex County, 20% in Bergen, Hudson, and Morris County
- Eight part-time employees: 4 drivers and 4 on-site workers
- Includes three vans
- Water and sewer included in rent
- 11 years remaining on lease, with possible extension
- Seller financing available with $900,000 down payment
Contact Info
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