Businesses For Sale > Business For Sale in Essex County , New Jersey (NJ)

Large Modern Laundromat for sale in Essex County , NJ

Essex County , New Jersey (NJ)

Business Summary: Negotiable depending on strength of Buyer. Absentee run, extremely large Laundromat. 98 machines set in the middle of a Shop Rite plaza in East Orange, NJ (directly on Main Street). Machines are card Speed Queens, 8 years old, 12 year life cycle. 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 retail and office. 3 card changes, TV's, work tables, chairs. Office space. 4 vending machines income $600 a year. WATER IS INCLUDED IN RENT with right management in place. Laundromat can prosper going after wash and fold business. Pick up/delivery of local business who use their service, can use clean up. For further information, please contact Robert Hinkley at 908-851-9040, Ext. 280 or 908-251-1073.
Year Business was Established: 2004
Number of Employees: 5
Facilities / Terms of Lease: Modern 3,600 sq. ft. Essex County Laundromat with 98 card operated machines kept in good repair. Machines are Card Speed Queens, 10 years old. Located on a Main Street near busy shopping center anchored by Shop rite. Near public transportation and numerous apartment buildings. Less than 1 % wash and fold. Soap center and retail office. Location! Location! Location!
Owner willing to finance: Negotiable
Reason for selling: Other business interests
Seller Reference Number: 5051RH BusinessMart.com Listing Number: 135525
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