Semi-Absentee Profitable and Large Laundromat

Newark, NJ
Essex County


Asking Price: Annual Revenue:
$449,000 $335,000

Services: Dry Cleaning & Laundry


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RE: Semi-Absentee Profitable and Large Laundromat Broker: Richard Kim

Quick Facts

Asking Price: $449,000
Annual Revenue: $335,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 543962515
Broker Reference #: Not Disclosed

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Business Overview:

Semi-Absentee Profitable and Large Laundromat with 30 Washers/32 Dryers.

Total 2,000 S/F Profitable and Large Laundromat with 30 Washers and 32 Dryers at Very Busy Street in Good and Safe Neighborhood.
Excellent location for laundromat Business.
Limited Competition.
There is Great Potential For Growth. If New Owner can spend more time at the laundromat, he(she) can increase sales substantially.

All above data is reliable but All data is subject to verification through due diligent work by the buyer under her(his) responsibility. The broker does not guarantee or represent the accuracy of all the above data.

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Property Features and Assets:

Total 2,000 S/F Profitable and Large Laundromat with 30 Washers and 32 Dryers at Very Busy Street in Good and Safe Neighborhood. 30 Washers and 32 Dryers. Fully Equipped with Laundromat Business.

Market Competition and Expansion:

New owner can increase gross revenue a lot through more washers/; adding folding and pick up delivery service.

Reason for Selling:

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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