Absentee Ran 2-Store Package Deal Laundromats, on outskirts of Philly

**NDA Required for address**

NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/alexis-pichardo-hedgestone/15min

Business Highlights

- Two Newly Built Stores both about 3-4 Years Old

- Long leases on both locations

- The owner currently runs the operations absentee, BUT does take care of the maintenance himself

- All employees in place

Location #1

- 5400 SQFT

- Retooled late 2021, was completed in 2022

- 44 Washers 45 Dryer Banks (ElectroLux)

- 24 yr Lease First Right of Refusal % increase every 5 yrs

- LaundryWorks

- Coin pushers, Vending, and Claw Machine (3rd Party Owned Splite monthly profits)

- 4 Employees

- Fully Attended

- Free Standing Building

- SS, PUD (3rd Party), and WDF

Location #2

- 2400 SQFT

- Retooled in 2019 (ElectroLux)

- 28 Washers 37 Dryer banks

- 20 yr Lease % increase every 5 yrs

- ESD Software

- Vending, Coin Pusher, and Claw Machine (3rd Party Owned Splite monthly profits)

- 4 Employees

- Partially Attended

- In a Strip mall

- SS and WDF only

Annual Overview 2024(F)

Gross Sales: $816,726.05

Net Income: $342,019.55