Business Summary:
This 1500 square-foot Monmouth County laundromat has 28 washers and 27 dryers. Currently run absentee, there are three part-time employees covering all shifts, located in a strip mall with plenty of parking. Lots of room for growth. 56% self-service, 21% commercial account, 18% wash & fold, 5% other. With a little upgrading and improvements on equipment the store can do way better. As it stands in the condition it is now they are currently doing 12,000 a month in gross sales. Landlord will give long lease. Seller profits over 3,000 a month absentee.
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Year
Business was Established: 20 |
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Number of Employees:
3PT |
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Facilities / Terms of Lease:
1500 sq ft, 28 washers, 27 dryers, long lease with plenty of parking, hours are Mon-Fri (8am-8pm), Sat-Sun (7am-7pm) |
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Potential
Growth/Expansion:
Upgrading some new machines increase wash & fold business, lots of trailer parks in area, can pick up more commercial accounts |
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Competition:
Minimal |
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Owner
willing to train:
Seller will train new buyer |
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Reason for selling:
Other business interests |
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Seller Reference Number: bm1345349543
BusinessMart.com Listing Number: 237640 |
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