Business for Sale Overview:
Medium size and efficient Laundromat located in extremely safe area in Newark. Surrounded by home owners in small shopping area. Equipment includes all Wiscomat front loaders, 14 Double Stack Dryers 28 (30lb.), 23 washers 7 (20lb.), 13 (40lb.), 3(55lb.). Four years old. 1 TV, chairs, tables, carts, change machine - central air, hot water, heater, 4 years old also does about $20,000 yearly wash/fold corner store with ample street parking. Owner is landlord. No near by competition.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Competition:
No competition in neighborhood which is a very safe area in Essex County.
Expansion:
No advertising, no promotion. Good lease given by landlord would give new owner 20 years and more of ownership.
Reason for Selling:
Owner wishes to return to her country.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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