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Established Laundromat For Sale

New London County, Connecticut, United States
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Asking Price$175,000
Revenue$150,000 EstablishedUndisclosed
Cash Flow$60,600 Employees4 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This over 20-year-old laundromat is located in a very busy strip mall in New London County, CT. Seller himself had opened the business. He owns the strip mall, too. It has 24 dryers, 32 washers, and 2 extractors. Seller also has a full time job. He is retiring from the job, and also wants to sell his business. Rent is just $2,000 with very long lease. Option to buy strip mall, too. All the machines are in an excellent condition. Seller's net cash flow, after paying all the expenses, is over $60,000 a year. Call Syed 1-877-735-5224 for more information. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$175,000.00 Down and
Sale Reason:Seller is retiring.
Ad #99020
Seller Reference #29217
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Contact This Seller
Syed Ahmed
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