MergerPlace

Coin Laundromat/Wash-Dry-Fold Business

Connecticut (Hartford)


  • Asking Price: $575,000
  • Gross Income: Not Disclosed
  • Cash Flow: $180,000
  • Real Estate: Not Disclosed
  • Inventory: $17,900
  • FF&E: $525,000
  • Listing ID: #208549
  • Established: Not Disclosed
  • Employees:

Business Description

** THE PERFECT SEMI-ABSENTEE OWNER BUSINESS - RECESSION PROOF – E-2 VISA ELIGIBLE **

You will need $150,000 liquid cash to put down and a Net Worth of $400,000 to Qualify for financing with your good credit.

This is an Established Franchise Coin operated Laundry/Wash-Dry-Fold Business.

$$$ This business makes you money when you are not around! $$$

Full time Attendants, Free Wi-Fi for customers, Clean/Well Lit & Well Maintained Store, Top Name High efficiency Coin Operated Washers and Dryers, also offering Wash-Dry-Fold Services.

** Long-term training and support are provided by the Franchisor. **

Absolutely no prior Laundromat experience is needed and is required to operate this Franchise.

Buyer must qualify (with Franchisor company) to assume a Franchisees role.


** To receive more information about this Business, Please fill out the "CONTACT BUSINESS SELLER" section in this ad and we will send you out an online NDA to fill out ….Thank You. **


*** No Brokers Please ***


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Connecticut
County: Hartford

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $575,000
Cash Flow: $180,000
EBITDA: $180,000
FF&E: $525,000
Inventory: $17,900
Seller Financing Available: Yes

Property Information

Facilities:

Store size is approximately 3,950 plus sq. ft., great long term lease, high traffic count, large parking lot, densely populated. ASKING PRICE INCLUDES: All Laundry Equipment (washers/dryers), bill changers, carts, Vending machines for laundry detergent & softeners, benches, security system with cameras, laundry tables, chairs, Signage (interior and exterior), all leasehold improvements and much more.

Growth & expansion opportunities:

>>> RECESSION PROOF BUSINESS <<< Today’s coin laundry industry is a strong and vibrant one. Even more appealing is the fact that this dependable public service industry continues to grow and thrive. The public will always need this basic health service – “people always need to wash clothes!”

Support & Training:

The Franchisor will ensure a smooth transition and provide start-up and ongoing support. >>>> DISCLAIMER: >>>> The information contained in this ad does not constitute an offer to sell or award a Business/Franchise and may not reflect the most current facts. Such an offer can only be made in compliance with applicable disclosure laws. Offerings are made by Franchise Disclosure Document only. Relevant information for Business purchase will be provided by the Franchisor or the Seller. The information provided in all ads, including in any attachments and/or links contained in the ads, is provided AS-IS without representation or warranty of any kind, express or implied. Prospective buyers are encouraged to seek legal, tax, and accounting advice from licensed provider(s) prior to making any decision involving Business or Franchise ownership. Any decision will be based solely on Prospective Buyers Due Diligence thru the Validation process as well as 3rd party research. Nothing in the ads, including any attachments and/or links contained in the ads, constitutes tax, accounting and/or legal advice. Step By Step Franchise Consulting, LLC does not make any guarantees or declarations regarding earnings claims. Step By Step Franchise Consulting, LLC will not be responsible for any misprint or typographical errors thru out the ad.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Edward Maciariello

Step By Step Franchise Consulting, LLC