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- RE: Reduced Price Absentee Laundromat Morris County
- Contact: Doug Bodner
Quick Facts
| Asking Price: | $449,000 | |
| Annual Revenue: | $311,370 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1004207 | |
| Broker Reference #: | 27411DB |
Business Overview:
This absentee-operated laundromat in Morris County is a profitable business opportunity, featuring 15 washers, 36 dryers, vending machines, an ATM, Bitcoin ATM, and a charging station. With 65% self-service and 35% wash & fold, the laundromat is well-maintained, with equipment averaging 15-20 years in age. Currently staffed by one full-time and two part-time employees, the business offers great potential for an owner-operator to boost profitability by taking on more payroll. Located in a large strip mall with ample parking, the landlord is willing to extend the lease for a qualified buyer, making this a fantastic turn-key investment. FYI with very little involvement owner profits $8,000+ a month.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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