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Card system Laundromat

Philadelphia, Pennsylvania

Asking Price: Gross: Cash Flow:
$349,000 $321,562 $111,141

Business Summary:
2900 square-foot card system laundromat located in Northwest Philadelphia 40 dryers 31 washers (15)years old all in great shape manufactured by Maytag. 10 year lease in place plenty of parking. 57% self-service 34% wash and fold 9% other. Owner runs the Laundromat absentee Owner Operator could absorb some payroll adding additional bottom line profits.ID 6353db

 
   
   
Year Business was Established: 15
   
Number of Employees: 7PT  
   
Facilities / Terms of Lease: 2900 sqft laundromat 440 dryers 31 washers Maytag 15 years old 10-year lease plenty of parking.  
   
Potential Growth/Expansion: Could do some advertising and get more exposure to internet marketing and expand with some commercial accounts and increase pick up delivery business.  
   
Competition: There is Competition In the Area The Demographics Warrant This business  
   
Owner willing to train: seller will stay on for a transition period  

 

 

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