Business Summary:
A turnkey Laundromat in a residential area offered with the Real Estate property and located in a densely populated, urban area of Passaic County, New Jersey. This local Laundromat is on a busy avenue with several commercial businesses and residential apartments in the surrounding areas. This turnkey operation is well maintained and generates a stable annual income with room for improvement with an onsite owner. The facility is equipped with 25 washers and 24 dryers, a central air system, a waiting area and a surveillance system. The owner has elected to sell the entire package including the business and real estate property at fair market value. This is an excellent opportunity to own a well established Laundromat business!
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| Year
Business was Established: 1988 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
The facility is on a free standing building with a private entrance and a waiting area for its customers. The seller has elected to market the business with the real estate property as a package sale. The real estate purchase is available through our real estate division. |
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| Potential
Growth/Expansion:
With a marketing plan for wash & fold services and commercial accounts, this business can expand further. |
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| Competition:
No Laundromats are in this specific area. |
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| Owner
willing to finance:
Seller financing is available |
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| Owner
willing to train:
Seller will provide a full due diligence and transitional period. |
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| Reason for selling:
Absentee owner out of the immediate area. |
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Seller Reference Number: LAUN108
BusinessMart.com Listing Number: 67606 |
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