Card Laundromat for Sale!

Not Disclosed, PA
Philadelphia County

Asking Price: Annual Revenue:
$225,000 $225,000

Services: Dry Cleaning & Laundry

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RE: Card Laundromat for Sale! Broker: Douglas Bodner

Quick Facts

Asking Price: $225,000
Annual Revenue: $225,000
Net Profit: Not Disclosed
Cash Flow: $64,072
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 16
Employees: 3
BBN Listing #: 92072979
Broker Reference #: Not Disclosed

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Business Overview:

This is a 5,000 square-foot card system laundromat that is situated on a freestanding building with 15+ parking spots 13-year lease in place. Breakdown of sales are 95% self-service 2% wash and fold 1% retail sales and 2% vending. There is plenty of room for growth on the wash and fold side. Seller works store full time about 60 hrs a week with 35hr of part-time employees. The store is unattended for 18-20 hrs a week door is on an automatic timer.

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Market Competition and Expansion:

There is no competition in the area but the demographics warrant this business. An owner-operator could expand into the commercial wash and fold business.

Reason for Selling:

Seller wants to relocate out of the city.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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