Laundromat & Convenience store Both - 27129

New Haven County, CT

Laundromat & Convenience store Both  - 27129

Asking Price:$149,000

Cash Flow:$8,380

Gross Revenue:$36,600

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Laundromat & Convenience store Both - 27129

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Business Description

Rare opportunity to own Laundromat and convenience store side by side at this price.( Listing 27124 & listing 27129 are both offered at combined prices of $149,000) The current Seller took over this business in November 2014. But due to tragedy in community and family; seller is being forced to sell the business immediately and return overseas. The business is located across many apartments which needs this business. Seller wanted to start much needed and profitable wash dry and fold service but could not due to events beyond his control. Business features 23 dryers. It has 14 washers which includes 6 heavy duty washers($5, $4.50 & $4 per load) and 8 regular dryers($2 per load). Business has toys vending machine, TV, Fans etc. Seller has improved lighting & Ceiling in his short tenure and cleaned up this place for better appeal and business is going up due to that. Business is being patronized by teachers and many others in the community. Other income is from toys machine.

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Detailed Information

Support & Training:
Seller is willing to train new owner.
Reason for Selling:
Other interests

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