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Business for Sale Summary

Hartford County, CT Laundromat For Sale - 28494

Business Type: misc. retail/non-classifiable,laundromats
Hartford County, CT Laundromat For Sale
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This business has received 202 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $89,999 Down Payment $40,000
Gross Revenues $109,500 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$40,000 Down and $49,999, Terms to be negotiated.

Business Description

ATTENTION LAUNDROMAT BUYERS SELLER FINANCING AVAILABLE!! - This by far is one of the most popular Laundromats in the state of Connecticut. It is rated in the top ten by Yelp and in the top 2 by the state. Veterans wash and dry clothes for free on the 22nd of every month. The parent company reimburses the Laundromat for veterans so they can have clean clothes and will do so for the new buyer. It is so popular that even the state Senator has volunteered to promote it and the kind acts that it is doing for our American Veterans. It offers wash, dry, and folds service with no pickup fees and no fixed pricing for heavy laundry, formal wear or delicate. There are two laundromats that closed down and the Wash, Dry, and Fold is now doing approximately $650.00 per day and the regular wash and dry is generating approximately $350.00 per day. The layout of the Laundromat is unique. The Laundromat is in immaculate condition, where a person can literally eat off the floors, and always well organized. It currently has 25 washers and 19 dryers. It is electronically monitored with automated security systems, cameras, and remote control. This is a once in a lifetime Laundromat that is for sale AND THE SELLER WILL CARRY 50%. Even though the seller acquired this laundromat less than a year ago, they believe the new owner will do well with the business, that is why they are staying with the business by seller financing the business and will always be available to the new owner over the next 48 months with any questions, concerns, or regards to the business. This town is a perfect place to live and raise a family with good schools, parks, museums, rivers, and other surrounding towns. The laundromat is surrounded with medium to upscale neighborhoods and apartment complexes that added to its viability and the business district just down the street. Act fast due to the fact it is virtually impossible to enter into the laundry business with little to no money down with additional special financing available through various funders and loan programs some may never have heard of before now. Please call 1-877-735-5224 for further 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.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.