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Card System Laundromat

Philadelphia, Pennsylvania

Asking Price: Gross: Cash Flow:
$450,000 $400,000 $138,062

Business Summary:
4200 ft.² card system Laundromat 51 washers 27 double stack dryers all speed queen equipment located in inner-city area with lots of foot traffic Laundromat currently run absentee. Numbers are taken from tax returns. There are also other sources of income like washing fold vending and soap sales. Owner operator or family owned could absorb the payroll and add more bottom-line profits

 
   
   
Year Business was Established: 16
   
Number of Employees: 4FT  
   
Facilities / Terms of Lease: 4000 sq. ft. Laundromat with 51 washers & 27 double stack dryers card system speed Queen (All card system; 16 years old)  
   
Potential Growth/Expansion: Owner operator can increase business  
   
Competition: There is competition in area but the demographics are good  
   
Owner willing to finance: All Cash  
   
Owner willing to train: Manager will train  
   
Reason for selling: Other business opportunities  

 

 

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