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Coin Operated Laundromat
Location: United States -> Connecticut -> Fairfield County
Industry: Business Services > Laundry




Business Summary

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $9,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1991
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Two weeks.
Reason For Selling:  Retirement.




Print Listing Id: 70053549
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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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