Hot Listing
Profitable Laundromat With Busy Wash & Fold - Plainville, CT $215,000
Business Description
Great neighborhood location.
Store is in great condition and well appointed - Stand alone building.
Annual revenue = approx. $235,000 and Net Profit = approx. $58,000.
Approximately 1200 sq. ft. Rent is $4,000 (includes taxes, insurance and CAM) and has 15 years left on lease.
56 Machines : 26 washers (7 are less than 2 years old) and 30 dryer. Other machines range in age from 5-20 years old.
Store does about $120,000 a year in self serve, $85,000 in drop off wash & fold and $15,000 in PUD. PUD is handled through 3rd party delivery.
Fully attended with 4 staff employees covering almost all hours.
Card store so no quarters to collect. Also great for tracking revenue.
Lots of potential to keep growing drop off wash & fold, commercial and residential pickup business.
Everything is here and ready to go and in excellent condition. New owner just needs to keep growing sales and understand that these store ate NOT totally passive but semi passive at best. The more involvement, the better.
$215,000 - FIRM
NOTHING LESS WILL BE CONSIDERED
Cash Offers Only
Store is in great condition and well appointed - Stand alone building.
Annual revenue = approx. $235,000 and Net Profit = approx. $58,000.
Approximately 1200 sq. ft. Rent is $4,000 (includes taxes, insurance and CAM) and has 15 years left on lease.
56 Machines : 26 washers (7 are less than 2 years old) and 30 dryer. Other machines range in age from 5-20 years old.
Store does about $120,000 a year in self serve, $85,000 in drop off wash & fold and $15,000 in PUD. PUD is handled through 3rd party delivery.
Fully attended with 4 staff employees covering almost all hours.
Card store so no quarters to collect. Also great for tracking revenue.
Lots of potential to keep growing drop off wash & fold, commercial and residential pickup business.
Everything is here and ready to go and in excellent condition. New owner just needs to keep growing sales and understand that these store ate NOT totally passive but semi passive at best. The more involvement, the better.
$215,000 - FIRM
NOTHING LESS WILL BE CONSIDERED
Cash Offers Only
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- Not Disclosed
Listing Info
- ID
- 2383053
- Listing Views
- 3308
Listing ID: 2383053 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.
Businesses for SaleConnecticut Businesses for SaleConnecticut Personal Product & Service Businesses for SaleConnecticut Coin Laundry & Laundromat Businesses for Sale
