Card System Laundromat With Property 9,000 Sq Ft
Not Disclosed, NJ Essex County
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- RE: Card System Laundromat With Property 9,000 Sq Ft
- Contact: Larry Bodner
Quick Facts
| Asking Price: | $7,200,000 | |
| Annual Revenue: | $1,214,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $795,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1018735 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Premier Laundromat & Commercial Real Estate Investment Opportunity – Essex County, NJ
Offered at $7.2 million, this exceptional investment opportunity combines a high-performing, established laundromat with a 9,000-square-foot, three-tenant commercial building in Essex County, New Jersey. With more than 25 years of operating history, the flagship 4,000-square-foot laundromat features 111 Huebsch Galaxy 600 machines installed during a full renovation in 2019, a modern Card Concepts Laundry Card payment system, and 24 on-site parking spaces. Generating approximately $1.21 million in annual sales, the business benefits from a strong market position, premium pricing power, and multiple revenue streams, including self-service laundry and wash-and-fold services. Its long-standing customer base and experienced team provide an established operational foundation for a new owner.
The property further strengthens the investment with three established commercial spaces, including the laundromat, a martial arts studio, and a dental office, creating a diversified income-producing asset that combines business cash flow with commercial real estate income. The building benefits from a highly visible, signalized corner location, convenient access, and a trade area serving both dense urban and suburban populations. With a reported combined annual cash flow of $795,040, including $624,224 from the laundromat and $170,816 in building net operating income (NOI), this offering presents an opportunity to acquire an established operating business and income-generating real estate under one ownership. For investors seeking a substantial commercial asset with multiple income sources, an established operating history, and long-term growth potential, this is a compelling opportunity.
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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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