The store is in Bridgeport very close to Fairfield line & Sacred Heart University.

Great location in are of multi family homes.

Coin Op Store.

Well appointed store in small & well maintained plaza.
14 years left on lease about 1000-1200 sq ft. Reasonable escalations.

14 washers ( eight are 8-10 years old and six are about 20 years old) 20 dryers about 12-15 years old.

This store is partially attended (Mon-Fri 9-1 & Sat & Sun 9-5. A cleaning person comes in every night to clean and close gate for $100 week.

2 PT employees and one does some pickup.

Weekly payroll with cleaning person is $650 week.

Owners open up 4 days and workers open the other 3 days and come back in for 9.

Net profit is approx. $36,000 year. They started building a wash & fold as well as Pick Up & Delivery about a year ago and it's growing.

Great opportunity to continue building wash & fold.

List Price = $140,000 Firm
Cash Offers or Home Equity Loans Only
No Seller, Bank or Seller Financing.
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BROKER'S NOTE ON ABSENTEE: This store is truly run absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.