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 five years to be negotiated.

Quick Facts

Asking Price: $425,000
Annual Revenue: $256,900
Net Profit: $86,793
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $210,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 2
BBN Listing #: 99273909
Broker Reference #: laun373

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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:

This wonderful laundromat facility which consist of approximately 3,000, square feet, has a modern professional appearance. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Somerset County, and they service various highly populated communities and businesses with continued demand for this industry.

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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