Long Established Neighborhood Laundromat
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $155000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1955
Number of Employees 4 - 5
Inventory 185000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks or what is needed.
Reason for Sale Divorce and owner relocating out of state.
Description Large (3,000 sf) modern self-service coin laundry business for sale. 32 washers / 40 dryers. Fully attended. Very well established, store has been in place since the 50's. Location is excellent for coin laundry. This is a great opportunity for either the first timer or experienced operator. Long term lease in place. Currant owner is running absentee. Staff in place and hoping to stay on. Very loyal customer base, ample parking and well maintained efficient equipment. With a mix of equipment up to 75Lb capacity. Multiple income streams from wash / dry / fold, snacks, soda, arcade, games over counter sales. Some owner financing for qualified buyer. Perfect family opportunity, family run expect $60-70k. A must see for anyone interested in cash business. Email or call broker at 860-995-9326.
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