Seller's Contact Information

  • RE:  5,000 S/F Large Laundromat 41W/42D With Building
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $478,580
Net Profit: Not Disclosed
Cash Flow: $183,491
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 507362515
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Total 5,000 Square Feet Laundromat with Building(6,000 Square Feet on 0.43 Acre Lot). Total 41 Washer and 42 Dryers 7 years Old. Corner location at high traffic and visibility street in center of town. There is great potential for growth. All above data is reliable but accuracy and completeness is subject to verification through due diligent work by buyer under her(his) sole responsibility. The Broker will not guarantee or represent accuracy and completeness of data.

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Reason for Selling:

Moving

Additional Details:

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

Documents:

Relevant Links:

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Unique opportunity to own three 7,000 square feet laundromats in Philadelphia, Pennsylvania. The businesses have been successful as a result of cutting edge management practices, a focus on the customer, and a full immersion into community engagement. This trio of state-of-the-art laundry centers was created with the goal of delivering a high level of customer experience. This includes a dedicated staff, large machines with fast wash/dry cycles that allows for more business while also reducing maintenance and utility costs.The laundromats are clean, bright, modern, and are in ideal locations throughout the city for this type of business. The concept is highly-rated among customers and each location features modern amenities like WiFi, TVs, vending/snack machines — all of which were implemented to improve the customer experience. Each location also offers an a la carte menu of laundry services like wash/dry/fold and dry cleaning with convenient turn-around times and competitive rates. Please note, the revenue and cash flow claims made are based on 2021s financial performance. The 3 year average (2019-2021) revenue for the three laundromats was $2,835,485 with the same 3 year average cash flow being $760,078. In 2019 and years prior to COVID the 3 laundromats were generating just over $3mil in revenue and cash flow between $900k-$1mil. We have financials back to 2018 to show the strength of the business and available for review to qualified buyers. Please contact us today to learn more about this opportunity!

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