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277 Spring St,Newton Town, NJ 07860-2123 | Wright Home Realty

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+01-123-4567

Listing Details

277 Spring St,Newton Town, NJ 07860-2123

  • April 23, 2026

Description

Rare opportunity to own a well-maintained, wash-and-fold, quarter-operated laundromat in the booming town of Newton! This business is ideally located within walking distance of several large apartment complexes, providing a steady and reliable customer base.The laundromat features a newer buildout with many machines still under warranty, offering reliability and reduced maintenance costs. Equipped with public utilities, the operation is efficient and easy to manage. Currently generating approximately $200,000 in annual gross revenue, this laundromat presents strong upside potential especially with the opportunity to expand into route or pickup/delivery services. Ideal for an owner-operator or investor looking to grow an already solid business with room for additional income streams.

Details

Last Updated On: April 23rd, 2026 at 11:35 am
Property ID:PT-48973567-AXZR
Offer Type:For Business
Property Type:Business
Price: 350,000 $

Additional Details

Taxes, Fees & Assessments

Existing Lease: 2-3 Years
Ownership Type: Sole Proprietorship
Gross Operating Income: 200000
Net Operating Income: 80000
Expense Operating: 120000
Documents Available: Financial Statements, Leases

Home Details

Number of Lavatories: 1
Road Type: City/Town Street

Utilities

Heat Source: Gas-Natural
Heating: 1 Unit
Cooling: 1 Unit
Water: Public Water
Utilities: All Underground
Sewer: Public Sewer

Statistics

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