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Card system Laundromat

Philadelphia, Pennsylvania

Asking Price: Gross: Cash Flow:
$325,000 $334,200 $113,280

Business Summary:
Well established modern laundromat located in South Philadelphia bordering New Jersey. Featuring card system and equipped with heavy-duty 32 washers and 33 dryers manufactured by Continental. The breakdown of the business: 45% self-service, 11% pickup and delivery, 18% commercial accounts, 20% drop off service, 3% dry cleaning and 3% detergent sales. The numbers are verifiable. There is significant additional growth potential. The business benefited by addition of on demand pickup and delivery service in 2018. The bsuiness enjoys continued growth. Finanicng available fora well-qualifed buyer with a dwon payment of 35%. Contact the listing agent for detailed information.

 
   
   
Year Business was Established: 2011
   
Number of Employees: 2ft/1pt  
   
Potential Growth/Expansion: owner operator can increase sales and grow wash and fold pick up and drop off business.  
   
Owner willing to finance: Bank Financing available  
   
Owner willing to train: Seller will train new buyer  
   
Reason for selling: Opening another business  

 

 

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