Laundromat Somerset NJ

Not Disclosed, NJ
Somerset County

Active commercial avenue


Asking Price: Annual Revenue:
$425,000 $256,900

Services: Dry Cleaning & Laundry


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RE: Laundromat Somerset NJ Broker: Customer Service
Owner Financing is Available!
Owner financing is also available to a qualified buyer.

Quick Facts

Asking Price: $425,000
Annual Revenue: $256,900
Net Profit: $86,250
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $210,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 2
BBN Listing #: 71683909
Broker Reference #: LAUN361

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Business Overview:

Modern laundromat business in a wonderful North Jersey community of Somerset County. The laundromat has thirty-four (34) washers and thirty-six (36) commercial dryers which are approximately seven years young. The equipment represents the highest quality brand washers and dryers with many years of continued use to the new owner. This laundromat business offers self-service, drop off, and pickup/delivery service to its many customers. The laundromat is a family owned and operated business that has been part of the community since 2000. They are not just your regular laundromat down the block but rather “The neighborhood” laundromat, where neighbors greet and socialize with each other while they do their laundry. They have been providing laundry services for years to the community and take pride in their work and are grateful for all their customers. This is a dependable safe business opportunity.

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Property Features and Assets:

The business fixed assets have an estimated value of approximately $210,000 which is specifically based on equipment, licensing, and facility replacement cost. The washers and dryers are newer and represents the highest quality equipment available in the industry. This transaction consists of a fully equipped commercial laundromat business, which includes, the various required licenses, Rowe change double stack machines, thirty-four Dexter Washers, thirty-six commercial Dexter dryers, displays, various vending equipment, soap dispenser, internet connections, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Owner retiring.

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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