Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price	$75,000	Inventory
Gross Income	$110,000	Real Estate
Cash Flow	$32,000	Year Established	1990
FF&E	$55,000*	Employees	N/A

* included in the asking price

** not included in the asking price

Well established and profitable Laundromat located in South Central CT. It has been in operation for approximately 18 years. The Laundromat is situated in an easily assessible strip shopping center. The Laundromat is cleam and the equipment is well maintained. In addition to coin operated washing and drying machines, the business provides a wash/dry/fold service for a solid base of commercial accounts. Lotto machines also increase cash flow. Dry cleaning is performed by a subcontractor. This is an excellent opportunity for an owner/operator or for a person who wants to add a profitable and self-sustaining location to an existing Laundromat business.

Facilities: The facility is clean and well maintained. Management conducts a preventive maintenance program to insure reliability and long life of equipment. Space is well utilized and customer friendly. The facility has a long term lease.

Competition: The business has an excellent reputation and many loyal customers. Seller is now conducting an active marketing campaign.

Growth/Expansion: The facility is capable of continued growth. The equipment is in good condition and capable of a greater capacity. The demographics in the area are conducive for continued steady growth.

Support/Training: The staff is well trained and customer oriented. Turnover is low. The seller will assist in a smooth transition for the new owner.

Reason Selling: Seller has a very good full time job and wants to concentrate on it.