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Well Established Laundromat In Dense Location For Sale

Newington, Connecticut, US
Asking Price:
$150,000 Furniture / Fixtures included
Sales Revenue:
$82,000
Cash Flow:
$30,000

HS Listing ID-39008

Business currently has no Wash, Dry & Fold service (Value add)

Prices are extremely below market and haven’t been increased for 7 years (Value add)

This Laundromat has been serving the community for over 30 years.

Seller fully believes in the business and is offering seller financing.

1,400 SQ Ft Space with a 12 year lease.

39 Continental coin machines (17W + 22D).

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

12 year lease.

Leasehold Rent:

$19,200 per annum

Premises Details:

Laundromat with huge value add potential.

Business Operation

Expansion Potential:

1,400 SQ Ft Space with a 12 year lease. Many ways to increase sales.

Competition / Market:

This Laundromat has been serving the community for over 30 years.

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes.