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Laundromat
New London County, CT |
Listing #1620 |
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| Financial Information (non-confidential) |
| Asking Price |
$195,000.00 |
Gross Revenues |
$185,943.00 |
| Down Payment |
$100,000.00 |
Owner’s Cash Flow |
$76,745.00 |
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Financing: $100,000.00 Down and 95,000 @ 5% over 60 months
Reason for Selling:
Well established Coin Operated Laundry with same owner for 14 years. Large Wash, Dry and Fold business. Many new machines with a total of 48 machines all in good working order and up to date with maintenance and repairs. Great lease with 2 years remaining and 5 year option. Business on major roadway with plenty of off street parking. Safe area for night traffic. Owner has been working most of the hours himself since some of his family moved away and it has been become too difficult. Strong financing terms to qualified buyer. This is a turn key business for the right person.
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Marie Goldstein
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
