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  • RE:  (LEE) Laundromat W/Real Estate & Income Property
  • Contact:  Ming Dong

Quick Facts

Asking Price: $529,000
Annual Revenue: $180,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 70,000
Real Estate: $400,000
Year Established: 2005
Employees: 1
BBN Listing #: 780431418
Broker Reference #: 1164126 LAWRENCE

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Business Overview:

This is an opportunity to own a established laundromat with income property in Middlesex County.

The size of the laundromat is 1,600 s.f. with additional rental space of 1,600 s.f currently occupied on the second floor by a hair salon.

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Property Features and Assets:

The size of the laundromat is 1,600 s.f. with additional rental space of 1,600 s.f currently occupied on the second floor by a hair salon. Parking lot is in front. The laundromat has 6 Speed Queen 60 lbs washers, 6 Speed Queen 40 lbs washers. 10 Alliance small 20 lbs washers, 3 Speed Queen top load washers 12 heavy duty Speed Queen double stack dryers (24 pockets) new Evo boiler, 2 change machine. Hours 8am-8pm. Vend price washer 60# $5.75, 40# $4.50, 20# $2.50, top load $200.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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