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NEWLY RETOOLED!! Philly Laundromat In a Primely Located Area
Business Description
*NDA Required for Exact Address and Name of Business*
- 5400 SQFT
- Owner operated remotely, and does the maintenance himself
- 20+ year lease
- Retooled late 2021, was completed in 2022
- 44 Washers 45 Dryer Banks (ElectroLux)
- 24 yr Lease First Right of Refusal % increase every 5 yrs
- LaundryWorks
- Coin pushers, Vending, and Claw Machine (3rd Party Owned Splite monthly profits)
- 4 Employees
- Fully Attended
- Free Standing Building
- SS, PUD (3rd Party), and WDF
Annual Overview
- Gross Sales: $479,919
- Payroll: $69,120
- Rent: $70,620.00
- Utilities: $54,824.5
Net income: $187,095
- 5400 SQFT
- Owner operated remotely, and does the maintenance himself
- 20+ year lease
- Retooled late 2021, was completed in 2022
- 44 Washers 45 Dryer Banks (ElectroLux)
- 24 yr Lease First Right of Refusal % increase every 5 yrs
- LaundryWorks
- Coin pushers, Vending, and Claw Machine (3rd Party Owned Splite monthly profits)
- 4 Employees
- Fully Attended
- Free Standing Building
- SS, PUD (3rd Party), and WDF
Annual Overview
- Gross Sales: $479,919
- Payroll: $69,120
- Rent: $70,620.00
- Utilities: $54,824.5
Net income: $187,095
About the Business
- Years in Operation
- 4
- Employees
- 3
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,400
About the Sale
- Seller Motivation
- Bigger Business Ventures
- Financing Options
- Seller Financing With 65% Down, Bank Financing with 35% Down
Listing Info
- ID
- 2300547
- Listing Views
- 6028
Listing ID: 2300547 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SalePennsylvania Businesses for SalePennsylvania Personal Product & Service Businesses for SalePennsylvania Coin Laundry & Laundromat Businesses for Sale
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