Business Overview:
Excellent business opportunity for this fully remolded laundromat with all new equipment located in highly populated urban city of Essex County, New Jersey. The business has a yearly projected gross income of approximately $275,000 and a consistent net yearly income. The laundromat has a consistent weekly income from wash and fold. The sale will offer a new ten-year lease at a monthly rent of $2,000 plus additional future options. The laundromat is conveniently located on a commercial avenue with various other successful businesses. The laundromat also offers a wash & fold service which represents a consistent percentage of their gross income and can be further developed. The wash & fold laundry services offer comforters, tablecloths, linens, blankets, drapes, suede, leather, area rugs and most anything you can think of. This is a dependable business opportunity.
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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.
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