NOT DISCLOSED, New Jersey
| Asking Price |
$450,000 |
Year Established |
|
|
| Annual Revenue |
$302,630 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Doug Bodner |
|
| Annual Cash Flow |
$91,271 |
Listing Number |
1004207 |
|
| # of Employees |
|
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
This absentee-operated laundromat in Morris County is a profitable business opportunity, featuring 15 washers, 36 dryers, vending machines, an ATM, Bitcoin ATM, and a charging station. With 65% self-service and 35% wash & fold, the laundromat is well-maintained, with equipment averaging 15-20 years in age. Currently staffed by one full-time and two part-time employees, the business offers great potential for an owner-operator to boost profitability by taking on more payroll. Located in a large strip mall with ample parking, the landlord is willing to extend the lease for a qualified buyer, making this a fantastic turn-key investment. FYI with very little involvement owner profits $8,000+ a month.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity