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Laundromat Business In Hartford County For Sale

Hartford County, Connecticut, US
Asking Price:
$190,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$172,500 (USD)
Cash Flow:
$79,500 (USD)

This sixty years old laundromat is located on one of the busiest roads in Hartford. It is also situated in a very busy strip mall. As it is the only laundromat in the town, so the business is robust and stable. Rent is just $1100 a month, with a long lease. Seller owns it for 15 years. He has a full time job, which requires him to travel a lot, throughout the country. So, he has decided to sell this highly profitable laundromat.It has 17 washers and 16 dryers: drop-off covers 40% of the sale. Interior is neat, and well-kept. A new owner can increase the revenues, by offering a pick-up service. An 80 apartments project is already under construction, which will give a real boost to the business. Do not miss this great business opportunity! Seller's net cash flow, after paying all the expenses, is over $70,000 a year. Call Syed at 631-374-7686 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 to discover the difference that is Vested Business Brokers.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

retiring

Employees:
1 FT 2 PT
Years established:
60 years

Other Information

Support & training:

seller will train

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD) - included in the asking price

Contact Information

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