Convenience Store & Laundromat & Busy Lotto - New Haven - $185,000
Business Description
This is one store but contains a laundromat plus a busy convenience store and a lotto outlet that spins off over $40,000 in commissions alone.
1 employee runs all 3 profit centers under 1 roof and 1 rent.
Great location in area of apartments and 3-4 family homes.
Net profit is $55,000 FULLY Absentee but CURRENT net profit is $92,000 running Partially Absentee with owner working 40 hours a week.
Revenue is over $300,000 a year for convenience store and laundromat.
Note: Laundromat equipment is older. However, laundromat could add substantially more revenue with new equipment and some cosmetic updates and adding wash & fold.
22 washers & 21 dryers approx. 20 years old.
1400 sq. ft. for $3000 month with 10 years on lease.
In essence, the laundromat is unattended and gets assistance form the worker at the convenience store.
This is a successful profitable business.
$185,000 Cash Offers Only - No Financing
1 employee runs all 3 profit centers under 1 roof and 1 rent.
Great location in area of apartments and 3-4 family homes.
Net profit is $55,000 FULLY Absentee but CURRENT net profit is $92,000 running Partially Absentee with owner working 40 hours a week.
Revenue is over $300,000 a year for convenience store and laundromat.
Note: Laundromat equipment is older. However, laundromat could add substantially more revenue with new equipment and some cosmetic updates and adding wash & fold.
22 washers & 21 dryers approx. 20 years old.
1400 sq. ft. for $3000 month with 10 years on lease.
In essence, the laundromat is unattended and gets assistance form the worker at the convenience store.
This is a successful profitable business.
$185,000 Cash Offers Only - No Financing
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- Not Disclosed
Listing Info
- ID
- 2339619
- Listing Views
- 3745
Listing ID: 2339619 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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