Laundromat with Wash/Dry/Fold Service

Pennsylvania

Asking Price:	$125,000
Gross Revenue:	$88,871
FF&E:	$75,541

Cash Flow:	$31,865
Inventory:	$500
Established Year:	1950

Listing ID: 2196007Listing provided by BizBuySell

BUSINESS DESCRIPTION

Exceptional laundromat with self-serve machines and a full-service wash/dry/fold with pick-up or delivery option. This profitable business showcases super clean, high quality, well-maintained machines. They have recently added new washing machines. This business features 21 Front Load washers ranging from 18 to 80 lbs., two 18 lb. Top Load washers, 14 Dryers, Natural Gas Water Heater and storage tank, 10 Laundry Carts, 2 Soap Vending Machines, 3 Folding Tables and seating, Security Camera System w/Remote Monitoring & Mobile App, a 40" LCD TV and 26" LED TV. It is surrounded by apartments, houses, and a daycare. There is extensive parking. It is in the same strip mall as a grocery store, dental office, restaurant, hair salon and pet groomer. Operate this gem part-time while the business runs itself.

DETAILED INFORMATION

Location

Pennsylvania

Inventory

Included in asking price

Real Estate

Leased

Building SF

1,800

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

This 1,800 sq ft laundromat has a bathroom and office space with cash register, laundry scale, computer, and printer. The Owners make additional profit from renting space to an individual who has a coin pusher and claw machine on-site.

Competition

This laundromat has the highest Google rating of any of its competitors. There will always be a demand for laundry services.

Growth & Expansion

There is potential to grow the business with advertising for wash and fold and marketing to the campground, resorts and hotel in the area. A website and business Instagram could increase customer reach as well.

Support & Training

Will train for 1 week @ $0 cost.

Reason for Selling

The Sellers are pursuing another business interest.

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