Passaic County, NJ Laundromats and Coin Laundry Businesses For Sale

Laundromats and Coin LaundryNew JerseyPassaic

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Established Laundromat in Passaic County, NJ - 31531Established Laundromat in Passaic County, NJ - 31531
$400,000Cash Flow: $100,000Seller Financing
Established Laundromat in Passaic County, NJ - 31531Established Laundromat in Passaic County, NJ - 31531

Passaic County, NJ

It was built from scratch three short years ago at a cost of $1.2 million. All washers and dryers were bought brand new. They can last 30 years. That means when you go to sell, you would be pricing and selling a relatively new installation. The owner owns the property; he can write you a lease for 30 years. That means when you go to sell, you would be pricing and selling a still long-term lease. It is run totally ABSENTEE. New equipment means no maintenance, no headaches. Put in some hours and cut payroll costs if you like. Significant upside potential is there. Currently, no advertising or promotion of any kind: Opened two years ago, sales are building; No wash and fold at first, now that is building; No drop-off dry cleaning as yet; No revenue generators common to laundromats- lottery, ATM, cigarettes, snacks, sodas The owner is in the real estate business, not the laundromat business, and wishes to sell; Seller Financing is available to a qualified buyer.

Absentee Coin Laundromat
$239,000Cash Flow: $78,342
Absentee Coin Laundromat

Paterson, NJ

14 wash/16 dry NO PAYROLL $$$$$$$$$$

Laundromat
$600,000Cash Flow: $134,000Seller Financing
Laundromat

Passaic County, NJ

Very low cost business, free well water, Base Rent is only $4500 for 4000sf with 700sf basement. 100sf common area. Good parking space. Brings in 22% capitalization rate. Easy to run. The owner will prove all the numbers after the price is agreed. If family is working together, will net $200,000. per year. Opens from 6AM to 11PM. If interested, please text 201 328 4324 or email:brokerleo@hotmail.com Only for the qualified buyers with proof of funds.


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