Retail ServicesVerified Seller
Award-Winning Laundromat in Mercer County, NJ - $1.1M - $300K Cash Flow
Mercer County, New Jersey
Asking Price$1,100,000
Annual Revenue$500,000
EBITDA / Cash Flow$200,000Implied Multiple: 5.5x EBITDA
Executive Overview
Discover an exceptional opportunity to own an award-winning, modern laundromat located in the bustling heart of Mercer County, NJ. Priced at $1,100,000, this business offers a substantial cash flow of $300,000, making it a lucrative investment in a prime location.
Key Investment Highlights
- •Established in 2011, this laundromat has built a loyal customer base and consistent revenue stream.
- •Spanning over 3,500 sq. ft., it is situated in a high-traffic area, ensuring continuous customer engagement.
- •Utilizes a coinless laundry card system for enhanced convenience and operational efficiency.
- •Potential for growth through additional services like pick-up/delivery, light commercial, and corporate accounts.
- •Offers specialized, high-profit services, including wedding gown cleaning and storage.
With a dedicated team of 5 employees, this business not only promises ongoing support to ensure a smooth transition but also presents a significant opportunity for expansion. The established success of the laundromat, combined with its innovative offerings, positions it as a leader in the industry.
This is a rare chance to invest in a thriving business with a proven track record of profitability. Reach out today to explore this outstanding opportunity further.