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

Coin-Op Laundromat for sale in Union County, NJ

Union County, New Jersey (NJ)

Business Summary: A MUST SEE! Established Laundromat run absentee with huge upside potential, within walking distance of tons of apartments. Large parking lot with direct access to Laundromat. Ideal demographic, 85% Hispanic. Full basement, full mezzanine office. Fully staffed with experienced manager. 20 year lease with 5% increase every 5 years, fully assignable with right of first refusal on sale of building. Equipment is 7years old in immaculate condition, maintained by owner. Numbers are 100% provable and financing is available. 46 Huebsch washer + 56 Huebsch dryers. For further information, please contact 908-851-9040 and ask to speak with James Flippin at Ext 265. • Ideal demographic – 85% Hispanic • 2 entrances • Full basement • Full mezzanine office • Huge parking lot • 20 year lease w/ 5% increase every 5 years • Fully assignable lease For further information, please contact 908-851-9040 and ask to speak with James Flippin at Ext 265.
Year Business was Established: 2002
Facilities / Terms of Lease: 4,400sq.ft/ office 500 sq.ft; parking in back. Immaculate condition. Lease 20 years.
Potential Growth/Expansion: Add dry clean drop, plus delivery, ATM,
Competition: Minimal
Owner willing to finance: available
Reason for selling: Other interests
Seller Reference Number: 3882jf BusinessMart.com Listing Number: 78658
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