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#Business ID: 20347

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Absentee Laundromat

Business Location: Philadelphia, Pennsylvania, United States

Asking Price: $ 350,000 Revenue: $ 500,000 Cash Flow: $ 128,800

Business Summary

Great Laundromat located in a major strip mall. This Laundromat is surrounded by lots of apartment buildings and foot traffic with major national franchises in the strip mall. All Speed Queen Machines – 56 dryers & 56 washers. Coin operated fully automated with cameras. Owner runs the Laundromat absentee from out of state. Seller has good record keeping 7 is encouraging all offers.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1998

Property Type:

Lease

Other Business Details

Premise Details:

5,600 square feet with 112 machines and plenty of parking with a long lease in place.

Competition:

Very little competition.

Expansion Potential:

Advertising and expanding, wash and fold will increase sales.

Business Operation Details

Employees:

4

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Retirement.

Contact this seller

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