Very Busy & Profitable Neighborhood Laundromat - Paterson NJ -$295,000

Very busy laundromat in Paterson, NJ surrounded by 2,3 & 4 family homes.

Perfect spot for a laundromat in a dense neighborhood.

Monthly revenue is close to $25,000.

24 Washers & 26 dryers about 20-25 years old.

Stand alone building with ample parking.

Landlord does 5 year leases at a time and has done this for many years.

Vibrant Wash & Fold business doing almost 1800 lbs. per week.

Busy self serve doing almost $3800 per week.

Owner of 13+ years is retiring.

Great opportunity being sold at a 2x net profit multiplier.

Cash offers ONLY...No financing.