Commercial Laundry Business serving Medical Facilities

Fairfield County, CT

Seller Financing Available

Commercial laundry
Sale Pending
Asking Price:$85,000
Gross Revenue:$121,000
Established Year:1994
Cash Flow:$60,000
FF&E:$13,000
BUSINESS DESCRIPTION

Business Opportunity: Commercial Laundry Business - Fairfield County, CT

This commercial laundry business has been serving the medical community for over 30 years, catering to specialized clients such as dentists, plastic surgeons, OBGYNs, rehab facilities, and orthopedics. With a loyal customer base of 40 active accounts and no client losses in the past three years, the business offers consistent performance and significant growth potential.

Key Highlights:
- Specialized Clientele: Focused on medical businesses with ongoing, predictable needs for professional laundry services.
- Turnkey Operation: Sale includes all furniture, fixtures, and equipment (FF&E), as well as a company vehicle for pickup and delivery.
- Growth Potential: Opportunities to scale by expanding client outreach, implementing marketing strategies, or broadening service offerings.
- Smooth Transition: Current owner is willing to stay on temporarily to ensure a seamless handover.
- Flexible Location Options: Operates out of a leased 2,500 sq. ft. space at $1,563/month but can be relocated if desired.
- Reliable Staff: Part-time employee is ready to assist with the transition and ongoing operations.

This business is an excellent opportunity for someone seeking a stable business with consistent performance and substantial growth potential. With the right marketing strategies and active management, the business could achieve significant expansion in a short time.

Please note: This is not a public laundromat. All information provided has been supplied by the seller to the best of their knowledge. Buyers are encouraged to conduct their own due diligence, as TBB assumes no responsibility for the accuracy of the data.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
6 30LB Dryers, 2 Commercial Washers, A Company Van
Competition
Minimal competition and loyal clients
Growth & Expansion
With the right marketing strategies and active management, the business has the potential to double its numbers in a short period. Currently, there is no sales outreach or physical or online marketing efforts in place, providing a significant opportunity for growth.
Financing
Short-term seller financing is available with $50,000 down; however, offers with full
Support & Training
Seller is willing to train the buyer for a few weeks to ensure a smooth transition.
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Hassan
Mahmood
logo-img
Hassan Mahmood