Coin Operated Laundromat
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $150000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Inventory 9000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Two weeks.
Reason for Sale Retirement.
Description Well established facility in shopping center. Plenty of parking. 68 machines, all Maytag washers and American dryers that have been very well cared for and maintained. New hot water boiler 2 years ago. Owner spared no expense when he started this business and he has kept the facility in very good condition. Offers wash, dry and fold service which pays most of the empoyees salary. One key employee has capabilities to manage the business. Hours are 7-9, 7 days/week.
2,800 sq ft located in a shopping center. 13 years remain on the lease. Equipment valued at $9,000 on tax records due to smart business decision when owner started the business. 34 washing machines, 2 extractors, 32 dryers and change machine. Asking $165,000. Email or contact Tom Moore at 203-209-0004 for more information on this Coin Operated Laundromat for sale. New supermarket opening October1, 2007
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