House Description

Exceptional opportunity to acquire both the real estate and a well-established, family-owned laundromat business. Sold together, this turnkey operation offers stable income with future growth potential.The well-maintained laundromat features 23 washers, including several high-capacity machines accommodating up to 60 pounds, and 20 dryers. In addition to self-service laundry, the business offers wash-and-fold service by the pound. Previous pickup and delivery services have been discontinued, presenting an opportunity for a new owner to reintroduce the service and increase revenue.Recent improvements include newer heating and air conditioning systems (2025), a new coin change machine, newer basement hot water heater, and newer basement access door. Additional income sources include an ATM, snack vending machine, and beverage vending machine.Ideally located in a densely populated residential neighborhood surrounded by homes, apartments, restaurants, and local businesses. A bus stop for Routes 25 and 375 is located directly in front of the property, helping drive consistent customer traffic. Ample street parking adds further convenience.Current business hours are Monday-Friday 8:00 AM-8:00 PM and Saturday-Sunday 7:00 AM-8:00 PM. Financials available upon request.A rare opportunity to own a profitable, necessity-based business and the underlying real estate with established operations, recent upgrades, and upside potential.

Highlights

Listed by TRACY YAW CHAN , MP C-21 CEDARCREST REALTY , 973-228-1050. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage

0.12

Year Built

9999

County

Essex

Neighborhood

West Side

Listing ID

4033574

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Payment Breakdown

Principal Interest

$2,341

Taxes

$775

Home Price

$460,000

Home Price

Loan Details

30 yrs

6.562%

Interest Rate

Loan Type

Down Payment

20%

$92,000

Down Payment

Down Payment %

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Monthly Price:

$2,341.04

Principal

Taxes