This 1800 square-foot laundromat is located in A major strip mall with lots of traffic. Located in a very safe area in Morris County. There is a total of 44 machines. (20) Dryers 16 years old and (24) washers most under 6 years old. This laundromat is 16 years old with the original owner. Due to the town restrictions there are no new laundromats allowed to be built there for the business is very stable. You do not have to worry about competition. The owner runs the laundromat semi absentee working 2 to 3 days a week about 25 to 35 hours a week. An owner operator can absorb most of the payroll if they are willing to work the store. Seller can demonstrate and back into all numbers for a qualified buyer. 70% self-service & 30% wash and fold.

Posted Sep 13, 2016

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