Neighborhood & Great Starter Laundromat-Near East Hartford, CT $35,000

Asking Price$35,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$48,000

InventoryNot Disclosed

FF&ENot Disclosed

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Neighborhood & Great Starter Laundromat-Near East Hartford, CT $35,000


Asking Price$35,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$48,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Coin Laundry in stand alone building with plenty of parking off a main street.

Store is profitable but in need of upgrades and new equipment as reflected by the price.

Great entry price to get into the business and upgrade store with some new equipment and cosmetic updates.

Store has been here over 30 years.

16 Washers & 19 Dryers about 25-35 years old. Approx. 10 out of service.

New buyer should consider investing in a little less equipment based on size of store and add bathroom as well as additional folding tables and seats.

Perfect retool opportunity.

Great neighborhood location in are of 2-3 family homes.

Landlord is seller and looking for a good tenant. Rent with NNN will be approx. $1600 all in for approx. 1000+ sq ft. Landlord will do a new 10 year lease and easy to work with,

Great opportunity to : 1) increase and bring back self serve clients with an improved facility and new/used equipment, 2) develop wash & fold and 3) PUD (Pick Up & Delivery).

Laundromats in this price range rarely come up.

$35,000 List Price
Cash Offer Only
No Financing
About the Business
Years in Operation
31
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$1,600.00 per month
Listing Info
ID
2479011
Listing Views

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Business Listed by: John M. Bedosky JB & Associates

Listing ID: 2479011 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.