This listing is for a completely new laundromat established by the owner of a strip mall. Assets included in the sale are 50 machines (28 washers & 22 dryers,all card based), soap dispensing machine, 2 wall mounted T.V. sets, 2 value transfer machines (ESD money card system), security management system, cash register, water cooler,central air conditioner, boiler system and 3 panel electrical system. In addition to this major equipment facility includes tables, laundry baskets customer counter, benches, etc. for use in running a business.

The facility includes 1,920 sq. ft. in the laundromat plus an additional 1,400 sq. ft. in the basement where the new owner can establish commercial accounts such as uniform cleaning. The owner is expecting a monthly rental in the $2,500 range.

The initial investment by the landlord including equipment and infrastructure improvements such as carpentry, masonry, plumbing and electrical upgrades is in the $300,000 range acting as the developer. The purchaser will obtain ownership of the equipment for $219,000, approximately its original cost.

The location of the strip mall is in a heavily travelled state road north of New Haven Opportunities to develop a successfual business are many, including self serve laundromat services, wash, dry & fold services, commercial laundry services, and dry cleaning drop-off service. Success will require a competent owner, preferably someone with prior experience in this field.