Absentee Laundromat Morris County
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This absentee-operated laundromat in Morris County is a profitable business opportunity, featuring 15 washers, 36 dryers, vending machines, an ATM, Bitcoin ATM, and a charging station. With 65% self-service and 35% wash & fold, the laundromat is well-maintained, with equipment averaging 15-20 years in age. Currently staffed by one full-time and two part-time employees, the business offers great potential for an owner-operator to boost profitability by taking on more payroll. Located in a large strip mall with ample parking, the landlord is willing to extend the lease for a qualified buyer, making this a fantastic turn-key investment. FYI with very little involvement owner profits $6500 a month.
Owner spent $50,000 in capital improvements. Owner operator can absorb $30,000 if they eliminate highest paid employee.
Owner spent $50,000 in capital improvements. Owner operator can absorb $30,000 if they eliminate highest paid employee.
Listing Info
- ID
- 2458564
- Listing Views
- 39
Listing ID: 2458564 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Personal Product & Service Businesses for SaleNew Jersey Coin Laundry & Laundromat Businesses for Sale
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