MergerPlace

Card system Laundromat

Philadelphia, Pennsylvania


  • Asking Price: $375,000
  • Gross Income: $321,562
  • Cash Flow: $111,141
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: Not Disclosed
  • Listing ID: #213302
  • Established: 15
  • Employees: 7PT

Business Description

2900 square-foot card system laundromat located in Northwest Philadelphia 40 dryers 31 washers (15)years old all in great shape manufactured by Maytag. 10 year lease in place plenty of parking. 57% self-service 34% wash and fold 9% other. Owner runs the Laundromat absentee Owner Operator could absorb some payroll adding additional bottom line profits.ID 6353db


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania
Metropolitan Area: Philadelphia

Company Information

Year Established: 15
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7PT

Financial Information

Asking Price: $375,000
Gross Revenue: $321,562
Cash Flow: $111,141
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

2900 sqft laundromat 440 dryers 31 washers Maytag 15 years old 10-year lease plenty of parking.

Growth & expansion opportunities:

Could do some advertising and get more exposure to internet marketing and expand with some commercial accounts and increase pick up delivery business.

Competition:

There is Competition In the Area The Demographics Warrant This business

Support & Training:

seller will stay on for a transition period

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers