Business Overview:
Excellent opportunity to own a very profitable, well established coin-op laundry business in Fairfield County. Great high visibility corner location recently expanded to take up two retail store fronts. All equipment in excellent condition with half purchased within the last 2 years. High quality commercial grade units including 26 washers and 15 stack dryers. Coin op business is open7x 24. Service includes drop off wash-fold as well as self service coin operation. This is an outstanding absentee owner opportunity that will provide a new owner with over 100k in net income today and over 136k annually after new equipment financing is paid in approximately 4 years (new owner will assume loan). Long term lease available or a combination business and real estate package that will include the real estate purchase if you prefer. Doesn’t get much better than this.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.