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Established Laundromat For Sale
Location: United States -> Connecticut -> New London County
Industry: Business Services > Laundry




Business Summary

This over 20-year-old laundromat is located in a very busy strip mall in New London County, CT. Seller himself had opened the business. He owns the strip mall, too. It has 24 dryers, 32 washers, and 2 extractors. Seller also has a full time job. He is retiring from the job, and also wants to sell his business. Rent is just $2,000 with very long lease. Option to buy strip mall, too. All the machines are in an excellent condition. Seller's net cash flow, after paying all the expenses, is over $60,000 a year. Call Syed 1-877-735-5224 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $60,600
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1995
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Owner retiring.

Photos

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Established Laundromat For Sale Photo 1 Established Laundromat For Sale Photo 2




Print Listing Id: 700285480
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Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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