Union County Laundromat

Business Overview:

-Fully automated Laundromat for sale.
-100% absentee
-Over 20 years established business.
-ALL Equipment only 4 years old (IPSO 24 washers / 28 IPSO dryers; same OEM as speedy queen)
-NEW ATM, Vending, Soap dispensing machines
-Coin Plus APP system already installed on all Washers / Dryers
-Best profit margin in the business
-UNBELIEVABLE RENT!
-12 years remaining on lease
-ALL IN! no cam or RE Tax
-2 YEARS @ $1300!
-5 YEARS @ $1,350!
-5 YEARS @ $1,400!
-Currently opens 24 hours / 365 days (no attendant).
-Automatic door opener already in place if needed.
-Automatic lights on / off if needed.
-Plenty of parking
-Clean
-Size 1,600 square feet
-Safe area
-Surveillance camera
-NEW HVAC System
-No employees
-Huge potential to increase wash and fold

*** Annual Net profit $123,000 ***

*** Asking $795,000 ***

**** ONLY LAUNDROMAT IN TOWN! ****

Detailed Information
-Location:
Union County, NJ

-Real Estate:
Leased

-Building Square Feet:
1,600

-Lease Expiration:
7/31/2035

-Employees:
0

For more information please contact Douglas Bodner. Please use reply to this ad button.

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Property Features and Assets:

-(24) and dryer’s -(28) ?13 IPSO Horizon Soft Mounts -(22LB), 7 IPSO ICN040 40LB Washers -4 IPSO ICN060 60LB Washers -14 IPSO ITT30 30LB Stack Dryers -(28 dryers) Vending machine candy / soda / soap dispenser

Additional Details:

Documents:

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