Imagine yourself owning a cornerstone business that's been serving the Toms River community for nearly two decades. This well-established laundromat sits on a prime highway location where you'll benefit from excellent visibility and steady foot traffic.

You'll find a spacious 1,805 square foot corner unit equipped with 22 washers and 17 dryers - that's serious capacity for handling customer volume. The current owner has built something special here over 20 years, but now it's time for fresh energy and vision.

Here's where the real opportunity lies: the retiring owner has scaled back operations significantly due to his age. He's discontinued profitable services like wash & fold, loyalty programs, and commercial accounts. This means you're getting a business with tremendous upside potential at a fraction of what it could be earning.

The laundromat industry offers recession-resistant cash flow - people always need clean clothes. With your entrepreneurial spirit, you could easily reintroduce those missing revenue streams. Picture adding back commercial accounts, implementing a customer loyalty program, or offering convenient drop-off services that busy families love.

The lease structure provides stability with a current rate of $4,400 monthly plus utilities. Landlord will give a ten year lease with increases every 2 years of $300 and 2 five year options. You'll have the security of knowing your location costs, with built-in increases that are predictable and manageable.

While the equipment is mature at 21 years, this gives you flexibility to upgrade strategically over time, potentially qualifying for utility rebates and improving efficiency.

This isn't just a business purchase - it's your chance to revitalize a community staple while building wealth through a proven, essential service. The foundation is solid; you'll provide the vision to unlock its full potential.