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Businesses For Sale > Business For Sale in Philadelphia, Pennsylvania (PA)

Card System Laundromat for sale in Philadelphia, PA

Philadelphia, Pennsylvania (PA)

Asking Price: Gross: Cash Flow:
$ 295,000 $ 343,200 $ 81,800

Inventory Value:
$ 500 (not included in the asking price)

Business Summary:
This is a 4000 square-foot card system laundromat that is situated on a freestanding building with 15+ parking spots fully staffed with a 15 year lease in place. Sellers are very meticulous and keep good records on the store. Breakdown of sales are 95% self-service 2% wash and fold 1% retail sales and 2% vending. There is plenty of room for growth on the wash and fold side. There is a total of 51 washers and 52 dryers on speed Queen 15 years old in great shape this is a smart card system. Motivated seller call Doug for more information 973 620 1810

 

   
Year Business was Established: 15
   
Number of Employees: 5  
   
Facilities / Terms of Lease: This is a 4,000 sq. ft. laundromat with a card system; there is a 15 year lease in place with parking for 15 cars  
   
Potential Growth/Expansion: Owner operator can expand the business as currently the business is being run absentee  
   
Competition: There is competition in area but the demographics’ warrant this service  
   
Owner willing to finance: Seller will hold a note for a $95,000  
   
Owner willing to train: Seller will train new buyer  
   
Reason for selling: Seller re-investing in his own business  
   
Seller Reference Number: 5869DB
BusinessMart.com Listing Number: 200621
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

CONTACT SELLER

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