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Card System Laundromat

Philadelphia, Pennsylvania

Asking Price: Gross: Cash Flow:
$110,000 $273,000 $51,076

Business Summary:
Great inner-city 4000sqft laundromat operation located in affluent area all equipment is seven years old in great shape all speed Queen card system 43 washers and 26 double stack dryers. Numbers are taken from the tax returns there are other sources of revenue is like wash n fold soap sales and vending. This location is currently runs absentee owner operator or family owned can absorb the payroll maximizing bottom-line profits

 
   
   
Year Business was Established: 7
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 4000 sq. ft. Laundromat with 43 washers & 26 double stack dryers; 7 years old; all speed Queen  
   
Potential Growth/Expansion: Owner operator can expand 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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