Card System Renovated Laundromat In Essex County - Business for Sale
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Renovated Laundromat with Card System in Essex County, NJ
NJ, US
Added 2 years ago
Laundromat / Retail Stores
Absentee / Semi-Absentee
Laundromat with 61 washers and 68 dryers, recently renovated with new equipment, located in Essex County, NJ.
Key Information
Asking
$1.6M
Revenue
$688K
Earnings
$285K
Multiple
5.6x
Key Highlights
- 6,000 sqft facility with 61 washers and 68 dryers, all 2.5 years old
- Business is 100% absentee operated
- Parking for 13 spots, with landlord planning to add 10 more for a total of 23 spots
- 25 year lease
- Business was shut down for 5 years prior to May 2021 and reopened with new equipment
Contact Info
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