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NJ coin laundromat for sale, same location for 50+ years
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Selling an Edison, NJ based 24/7 coin & app based laundromat. Business has been in same location for ~50 years. Previous owner ran the business for 20 years. I purchased about 3-4 years ago and invested significantly in digital/app payment tech, adding vending machines, replacing 10 dryers with refurbished Heubsch. Adding large coin machine, TVs, updating retail desk and POS software. I currently visit the store every other week. The store can be run as an absentee. I think there is a lot of value to unlock by restarting dry cleaning, WDF, and other in-person services. I am selling to focus on my main business.
21 washers
18 Dryers
1 Soda Vending Machine
1 Snack Vending Machine
1 Soap Vending Machine
Security Camera System
2 TVs
2 Coin Machines
Retail Desk w/ POS system
1 Boiler
1 Furnace
21 washers
18 Dryers
1 Soda Vending Machine
1 Snack Vending Machine
1 Soap Vending Machine
Security Camera System
2 TVs
2 Coin Machines
Retail Desk w/ POS system
1 Boiler
1 Furnace
About the Business
- Years in Operation
- 51
- Employees
- 1 Contractor
cleaning - Facilities & Assets
- Selling an Edison, NJ based 24/7 coin & app based laundromat. Business has been in same location for ~50 years. Previous owner ran the business for 20 years. I purchased about 3-4 years ago and invested significantly in digital/app payment tech, adding vending machines, replacing 10 dryers with refurbished Heubsch. Adding large coin machine, TVs, updating retail desk and POS software. I currently visit the store every other week. The store can be run as an absentee. I think there is a lot of value to unlock by restarting dry cleaning, WDF, and other in-person services. I am selling to focus on my main business.
- Market Outlook / Competition
- Limited coin-op laundromats in the area. Heavy rental market for multi family apartments nearby with weak to no in-building laundromats
- Opportunities for Growth
- Dry cleaning, WDF, tailoring, Lotto, other
All of these services were previously offered and I shut them down, but the space and tech are available and will be sold with the mat.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,400
- Rent
- $3,087.00 per month
- Lease Expiration
- 12/31/2044
About the Sale
- Seller Motivation
- Focus on main business
- Transition Support
- I can train and support for several weeks.
- Financing Options
- Seller financing up to 25%
Listing Info
- ID
- 2495938
- Listing Views
- 90
Attached DocumentsAttachment Disclaimer
Listing ID: 2495938 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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