Owner Financing is Available!
Business Overview:
Well designed and established 2,500 sq. ft. Laundromat located in a Shopping Center in Monmouth on a heavily traveled highway with major anchors. The general area has a large volume of residential rental apartments that continue to need laundry service. The Laundromat has (20) 18lb washers, (10) 30lb washers, (4) 50lb washers, and (36) dryers. All the equipment is in good working condition (only 10 years old). Present owners have owned it for 5 years. The sellers are absentee owners and have elected to sell due to their non-involvement. For further information please contact Gene Reilly at 908-851-9040 Ext. 293.
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.
Property Features and Assets:
2,500 square feet. Laundromat in shopping center with plenty of parking. Only 10 years old, equipment in great condition. Lease balance of 1 year plus two 5 year options
Market Competition and Expansion:
Competition
Very little competition only 1 small Laundromat
Expansion
Requires marketing and advertising
Reason for Selling:
Other business interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: