Excellent location near Yale in New Haven.

This is an absentee store run by a seller who has a full time job.

Well appointed store with good street parking.

Currently run attended for 91 hours a week but seller is in transition to semi attended for 65 hours a week. Seller is holding off on cutting hours to make sure new buyer wants same scenario.

Lease has approx. 12 years left for 2,000 sq ft.

One worker currently does pick up & delivery but seller also has option to use Doordash/POS through POS.

No coins. Fully integrated card system for ,machines and separate POS for wash & fold.

22 Washers & 23 dryers (includes four 60lb washers & three 75lb dryers) that are approx. 12 years old.

Recent improvements include new awning, new lights, paint, soda vending machine, POS & bathroom.

Receives $1.55 for Wash & Fold and $2.10 for PUD (Pick Up & Delivery.)

Net profit under Mostly attended model is $52,000.

List price is $235,000 FIRM
Cash Offers Only.

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BROKER's NOTE ON ABSENTEE: This store is run mostly 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.