Laundromat: A Premier Turnkey Investment in Connecticut

Nestled in the bustling County of New Haven, Connecticut, this Laundromat presents a remarkable opportunity for investors seeking a stable and profitable turnkey business. With its strategic location, state-of-the-art facilities, and efficient operational setup, this laundromat is poised for continued success and growth.

Key Features:

• Prime Location: This Laundromat benefits from high visibility and easy access, crucial for attracting and retaining customers.
• Robust Financials: With an annual gross revenue of $228,854 and a healthy net income of $43,028.
• Advanced Equipment: The facility boasts 71 card-operated machines, ensuring a user-friendly experience and reducing cash handling issues. Regular maintenance and energy-efficient features keep operational costs in check and enhance customer satisfaction.

Operational Excellence:

• Absentee Ownership: The laundromat operates under a fully managed model, requiring minimal owner involvement, making it an ideal investment for those looking for passive income.
• Professional Management: A $35,050 annual fee covers all aspects of daily operations, including customer service, maintenance, and cash management, ensuring smooth and professional service.
• Comprehensive Expenses: Thoughtfully managed expenses include utilities, rent, and professional services, ensuring the business operates efficiently and profitably.

Investment Highlights:

• Competitive Asking Price: Priced at $235,000, this laundromat offers a competitive entry point into the laundry service industry with excellent ROI potential.
• Seller Financing: Flexible financing options are available, underscoring the seller's confidence in the business's potential and easing the financial burden for potential buyers.
• Growth Opportunities: Potential investors can explore extended operational hours, additional services, or technological upgrades to further increase revenue and customer engagement.

Location Benefits:

• Customer Convenience: Ample designated parking and a spacious interior layout enhance customer convenience and contribute to high customer retention rates.
• Community Presence: With a solid reputation in New Haven County, the laundromat enjoys a loyal customer base and stands as a community staple.

Investing in this laundromat means acquiring a business with a stable income, low overhead costs, and significant growth opportunities. The turnkey nature of this investment allows for immediate operational takeover and revenue generation. This is not just an investment in a laundromat but a strategic entry into a resilient industry with proven customer demand and profitability. Act now to capitalize on this exceptional business opportunity in Connecticut.