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  • RE:  Laundromat & Building In Bristol, PA
  • Contact:  Larry Bodner

Quick Facts

Asking Price: $425,000
Annual Revenue: $101,982
Net Profit: Not Disclosed
Cash Flow: $61,993
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 30
Employees: 1
BBN Listing #: 939421
Broker Reference #: 23122DB

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Business Overview:

Great investors opportunity to own a small laundromat with the building, laundromat is about 1,200 square feet with a 600 square feet apartment above that is currently vacant and needs about $10,000 of work opportunity to bring in an additional $12,000 a year in rental income after the rehab taxes on the building, only 3500 annually. This laundromat has been in operation for 30+ years 95% self service one part-time employee opens the store seven days a week and closes from 7 AM to 10 PM. (16) dryers about 20 years old wascomat. (21)washers in total. (7) 40lb continentals 4 years old, (6) 25lb continentals 4 years old, (8) maytags 6 years old FYI (4) of the Maytag machines are not working and are being sold as is. There is plenty of parking make an offer won’t last. absentee monthly profits $5,158

 

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Property Features and Assets:

Apartment rental opportunity, 600sqft apartment above that is currently vacant and needs about $10,000 of work opportunity to bring in an additional $12,000 a year in rental income after the rehab!!! (16) dryers about 20 years old wascomat. (21)washers in total. (7) 40lb continentals 4 years old, (6) 25lb continentals 4 years old, (8) maytags 6 years old

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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