Big Time Laundromat still around... for sale in Essex County, NJ

Business Summary:
Absentee run – 98 machine extremely large 3,600 sq. ft., 98 machines set in the middle of a major food store chain plaza – has unlimited parking. 98 machines are Speed Queens. 8 years old – 12 year life cycle is expected from them. Machines kept in good repair. Less than 1% wash and fold. 24 double stacked dryers, 22 -20lb. washers, 12 -40lb., 10 -60lb., and 6 -80lb. (98 total) soap center, 3 dollar changers, TV’s, work tables, chairs, retail office that can be set up to handle increased volume and wash/fold that is now less than 1% of total business. 4 vending machine income only $600.00 per year – new arrangements have to be made there. Water charges included in rent with the right management in place, Laundromat can prosper better. Advertise where there is none – going after wash and fold business in town through pick up and delivery, place can use a little TLC. Extremely important factor ALL WATER CHARGES ARE INCLUDED IN THE MONTHLY RENT. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.