Laundromat for Sale in Pennsylvania

Philadelphia County, PA
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Asking Price:$250,000
Gross Revenue:$264,000
Established Year:1984
Cash Flow:$71,000
Inventory:$300
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Philadelphia County, PA
Inventory
Included in asking price
Employees
2
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd