Laundromat for Sale in Pennsylvania
Asking Price: | $250,000 |
Gross Revenue: | $264,000 |
Established Year: | 1984 |
Cash Flow: | $71,000 |
Inventory: | $300 |
LISTING ID # 36586
A well-established, full-service laundromat in Philadelphia County is now available for purchase. With over 40 years of operation, this business offers a variety of services, including coin-operated laundry, an extensive wash-and-fold service, heavy-duty stain removal, large-capacity washers and dryers, dry cleaning, and minor tailoring. Occupying a spacious 3,000 sq. ft. standalone building, the laundromat is a cornerstone of its community. Its wash-and-fold service is particularly popular, catering to homeowners with full-size blankets, comforters, and curtains. The current owners devote their full attention to the business during their 8-hour workdays, which focus primarily on wash-and-fold operations. The laundromat operates from 2 PM to 10 PM, seven days a week, and features 29 washers and 21 dryers, all in good working condition. Business has grown solely through word-of-mouth, as the laundromat lacks typical revenue-generating features such as soap and bleach dispensers or vending machines. This presents a significant opportunity for a motivated buyer to expand hours of operation, enhance marketing efforts, and introduce services tailored to commercial establishments and local uniformed workers. Simple adjustments could make the layout more walk-in friendly, increasing its appeal to new customers. Given the dense population, nearby retail activity, and off-street parking, the potential for growth is substantial. The business and standalone building are being sold together, as the owners are retiring.