Hot Listing

Laundromat-Fully Absentee & Unattended-Great Profits- Danbury-$325,000

Asking Price$325,000

Cash Flow
$78,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$220,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Laundromat-Fully Absentee & Unattended-Great Profits- Danbury-$325,000


Asking Price$325,000

Cash Flow
$78,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$220,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
*****This listing has an offer but please complete the form and we will keep you as a back-up if it falls through or another comes up.

Seller has owned this location over 20 years.

Absentee & unattended laundromat in Danbury area.

Well appointed store and plaza on main road with plenty of parking.

Recent improvements include new floor, new AC & new water heaters.

Landlord will write new 10 year lease (5 year term plus five year option) with 3% annual escalations.

Rent is $3500 plus CAM of $500 for a total of approximately $4000 month

Square Footage = 2500 sq. ft. Laundromat has auto lock doors.

83 machines approx. 17-20 years old in great condition and well maintained.

40 Dryers and 43 washers.

This store does not do any wash & fold or PUD (pick up & delivery). Excellent growth area if new owner is interested in growing business.

The current owners have a cleaning service that clean store for $1500 month. The Net Profit increases to over $90,000 if new owner does all or some of this on their own. 2 cleaning people come in each night.

Great Opportunity to own a long established business that has been well maintained by its long term owners.

List Price = $325,000 - FIRM
Nothing Less Will Be Considered
Cash Offers Only.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
Not Disclosed
Listing Info
ID
2402309
Listing Views
3057

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Business Listed by: John M. Bedosky JB & Associates

Listing ID: 2402309 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.