Laundromat - Outstanding Opportunity

Somerset County, New Jersey

Business Summary: Automatic locking doors, security cameras that are hooked up to internet. Owner can monitor employees from home. Vending machine for laundry detergent that yields a 75% profit. New owner can market directly to residences in town and continue to grow wash and fold and dry cleaning. Two change machines. New owner can add lotto, ATM, and vending machines. This Laundromat includes 16 washers and 19 dryers. The Laundromat also provides a pick-up and delivery commercial service to 5 distinct locations. For further information please contact Steven Albert at 908-851-9040 Ext. 291.
Year Business was Established: 2010
Number of Employees: 1FT/2PT
Facilities / Terms of Lease: Ten year lease with ten year option. Plenty of parking, 1,000 sq. ft., all washing machines and dryers are in good condition. Building is also is good condition
Potential Growth/Expansion: Outstanding opportunity for owner/operator. New owner can market to residences in town and surrounding area and continue to grow wash and fold and dry cleaning business
Competition: Some Laundromats in the area
Owner willing to finance: None
Owner willing to train: Two weeks
Reason for selling: Seller has other interests