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Card System Laundromat

Pennsylvania

Asking Price: Gross: Cash Flow:
$60,000 $156,000 $17,787

Business Summary:
Card system the laundromat 3000 sqft, 34 washers, and 30 dryers all manufactured by Speed Queen 11 years old. Currently, the owner is almost done remodeling this place from top to bottom and rebuilding clientele. It's located in an excellent area in the Northeast Philly with a few thousand apartments nearby and with the right advertising, this place will be great again. There's competition nearby and that's normal. If the buyer runs this full-time, you can cut the payroll. Currently, the owner has zero time to commit to the laundromat. Call Doug today to take a tour 908-851-9040 x204

 
   
   
Year Business was Established: 11
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Located in major strip mall in North East Philadelphia, 3,000 sq. ft., 34 washers/30 dryers, all manufactured by Speed Queen (11 years old), plenty of parking, long term lease available.  
   
Potential Growth/Expansion: Owner operator could increase sales and pick up the wash & fold.  
   
Competition: There is competition in area.  
   
Owner willing to train: Seller will train prospective Buyer.  
   
Reason for selling: Has no time to commit to laundromat  

 

 

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