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Business For Sale

Laundromat - No Rent Increase 13 Years

Not Disclosed, NJ, USA

Services: Dry Cleaning & Laundry

Asking Price:
Year Established:
Employees:
Listing Number:
$600,000
1998
3
63592979
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
$194,947
Not Disclosed

Business for Sale Overview:

Every so often the best in their field become available, when it comes on the sale block with a fantastic lease this business has to sell fast (This will not last long). World class Laundromat – rent remains the same for time of lease – 13 ½ years with no increase in rent – 83 machines – 41 washers 8-18 lb. top loaders – 20-31 lb./12-50 lb./1-80 lb. – 42 double stacked standard dryers. Speed queens and Heubhs range from 2 years to 11 years old. (NO WATER BILL INCLUDED IN LEASE). Located in mall with 11 car parking, plus ample street parking. All vending, soda/snack/soap dispensers owned – Laundromat has loads of other equipment hot water boiler TV/chairs/tables – 2 coin dispensers. Interior is very attractive tile on tile – biggest Laundromat in area – exterior of Laundromat is all windows facing mall how can a serious Laundromat buyer pass up a business with no rent increase for 13 ½ years? Place is always busy located in commercial area with major bank and area’s largest clothing store located across street. For further information, please contact 908-851-9040.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Market Competition and Expansion:

Competition: This is the biggest busiest and most sought after Laundromat in area. Expansion: Getting more wash and fold contract business with delivery.

Reason for Selling:

Owner going into a much larger business in a diffe

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Laundromat - No Rent Increase 13 Years
Business Listed By:
Vito Mastromonaco
Executive Business Brokers
contact the seller
Good Business at a Great Price
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