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Business For Sale

REDUCED! NORTHWEST PHILLY LAUNDROMAT

Attn: Dan Mellbye
Northwest Philadelphia, PA, USA
Listing Number: "17755"
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Asking Price: $170,000 USD USA Dollars
Business for Sale Industry: Services: Dry Cleaning & Laundry  
Reason for Selling: Other Business Interests
Year Established: 1995
# of Employees: 4
Yearly Revenues: $140000
Yearly Cash Flow: $45000
 

Business for Sale Overview:

This laundromat has existed in same location for 10 plus years with very low overhead aside from utilities as almost all revenue sustained from coin operated self serve. Equipment mix: 10 Top Load $1.25 5 years old; 9 Triple @ $2.75 12 yrs; 2 50lb @ $5.00; 2 75lb @ $7.00. 26 Dryers at 6 minutes per .25. Changers/soap vending etc.


Property Features and Assets:

Clean Well Lit Facilities 2000 sf.


Market Competition and Expansion:

Can expand services to include wash/fold, vending, etc. Some competition in area. Reasonable market.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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