Recently available, remodeled, modern laundromat business with real estate in a wonderful North Jersey community of Somerset county. The laundromat has thirty-four (34) newer washers and thirty-six (36) commercial dryers which are approximately seven years young. The equipment represents the highest quality brand washers and dryers with many years of continued use to the new owner. This Laundromat business offers self-service, drop off, and pickup/delivery service to its many customers. This successful Laundromat is a family owned and operated business that has been part of the community since 2000. They are not just your regular Laundromat down the block but rather ''The neighborhood'' Laundromat, where neighbors greet and socialize with each other while they do their laundry. They have been providing laundry services for years to the community and take pride in their work and are grateful for all their customers. The company takes a fresh and innovative approach to one of life's daily chores, washing and maintain their customers cloths. Their aim is to apply loving care not only to clothes, but to their customers. Their staff and the environment make each part of doing laundry just a little bit better. Regarding employees and payroll, as an absentee owner, this laundromat will require two full time employees at a monthly cost of $3,276. The employees are unaware of the pending sale. The payroll is routinely based on an hourly minimum wage and the staff is fully expected to remain post-closing. The business fixed assets has an estimated value of approximately $388,000 which is specifically based on equipment, licensing, and facility replacement cost. This successful laundromat operation is active seven days per week, with hours from 7:00 am to 9:00 pm. Laundromat businesses routinely sell for 4.5 to 5 times the net yearly which represents the multiple of the net yearly income, equipment and various licenses. The real estate is also available for sale at market valu