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Listed by:

Executive Business Brokers

Laundromat Business For Sale

North East, Pennsylvania
Asking Price:
$149,000 (USD) Inventory / Stock included
Sales Revenue:
$156,000 (USD)
Cash Flow:
$17,787 (USD)

Card system the laundromat 3000 sqft 34 washers 30 dryers all manufactured by Speed Queen 11 years old. Currently, the owner is almost done remodeling this place from top to bottom and rebuilding clientele. It's located in an excellent area in the Northeast Phila with a few thousand apartments nearby and with the right advertising, this place will be great again. There's competition nearby and that's normal. If the buyer runs this full-time, you can cut the payroll. Currently, the owner has zero time to commit to the Laundromat

Property information

Real Estate:

Lease

Location:

Located in major strip mall in North East Philadelphia, 3,000 sq. ft., 34 washers/30 dryers, all manufactured by Speed Queen (11 years old), plenty of parking, long term lease available.

Business Operation

Expansion Potential:

Aggressive owner operator could implement different sources of revenue stream and pick up commercial business.

Competition / Market:

There is a store that recently opened about a year ago. Business was affected but is now stable.

Reasons for selling:

Has no time to commit to Laundromat

Trading hours:

7 days (7am-10pm)

Employees:
3
Years established:
11

Other Information

Support & training:

Seller will train prospective Buyer.

Furniture / Fixtures value:
$100,000 (USD)
Business closed / Asset sale:
Yes

Listed by

Executive Business Brokers

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