Growing Coin Laundry, Wash Dry Fold D/C Drop Shop
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $182000
Net Profit / Cash Flow $98300
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1964
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner is relocating.
Description Established, well positioned and growing coin laundry for sale with wash-dry-fold and dry clean drop off. Great location, end unit on plaza with heavy traffic and ample parking. Store has been established for over 40 years. Open 24/7/365. Owner operated. Previously unattended, but owner has seen substantial growth in sales from recently installed equipment, WDF and Dry Cleaning since he began working a the store full time beginning in 2009. This is a great opportunity for either the next owner operator or an investor that wants to employ an attendant. Wash dry fold and Dry Clean drop pays for an attendant to do laundry, perform light custodial duties and offer customer service. Copy of water bill readily available from broker. 12 Heubsch tumblers installed July 2009. Other equipment being upgraded or refurbished. Dry clean garments in inventory to transact at wholesale D/C cost.
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