Hot Listing
Profitable Turnkey Laundromat with Property, Equipment, Rental Income
Business Description
PROFITABLE TURNKEY LAUNDROMAT WITH REAL ESTATE AND MULTIPLE INCOME STREAMS
This established laundromat operation in Erie, PA presents a unique investment opportunity combining a thriving laundry business with valuable real estate assets and diversified revenue streams.
BUSINESS OVERVIEW:
Established in 2021, this turnkey laundromat features modern equipment installed within the past 5 years, incorporating the latest laundry technology.
PROPERTY ASSETS:
The sale includes two buildings valued at $390,000:
- Main building housing the fully equipped laundromat with convenient off-street parking
- Secondary building containing eight rental offices maintaining an impressive 85% occupancy rate
- Water, electric, and gas lines all newly installed.
EQUIPMENT & OPERATIONS:
Fixtures, furniture, and equipment included in the sale. The business operates with 4 employees and maintains strong community connections through established wash-and-fold services and active delivery operations.
REVENUE DIVERSIFICATION:
- Core laundromat operations
- Wash-and-fold services with loyal customer base
- Delivery service generating recurring revenue
- Rental income from seven office units
GROWTH POTENTIAL:
Significant expansion opportunities exist through:
- Enhanced delivery service coverage
- Commercial account development
- Increased marketing of wash-and-fold services
- Optimization of rental office occupancy
This rare opportunity combines the stability of essential service business operations with real estate ownership and multiple income streams, creating a well-positioned investment in Erie County's growing market.
Includes delivery vehicle and all necessary equipment for immediate operations.
Inquiries: Must provide proof of at least $1 million in assets and sign an NDA for consideration.
This established laundromat operation in Erie, PA presents a unique investment opportunity combining a thriving laundry business with valuable real estate assets and diversified revenue streams.
BUSINESS OVERVIEW:
Established in 2021, this turnkey laundromat features modern equipment installed within the past 5 years, incorporating the latest laundry technology.
PROPERTY ASSETS:
The sale includes two buildings valued at $390,000:
- Main building housing the fully equipped laundromat with convenient off-street parking
- Secondary building containing eight rental offices maintaining an impressive 85% occupancy rate
- Water, electric, and gas lines all newly installed.
EQUIPMENT & OPERATIONS:
Fixtures, furniture, and equipment included in the sale. The business operates with 4 employees and maintains strong community connections through established wash-and-fold services and active delivery operations.
REVENUE DIVERSIFICATION:
- Core laundromat operations
- Wash-and-fold services with loyal customer base
- Delivery service generating recurring revenue
- Rental income from seven office units
GROWTH POTENTIAL:
Significant expansion opportunities exist through:
- Enhanced delivery service coverage
- Commercial account development
- Increased marketing of wash-and-fold services
- Optimization of rental office occupancy
This rare opportunity combines the stability of essential service business operations with real estate ownership and multiple income streams, creating a well-positioned investment in Erie County's growing market.
Includes delivery vehicle and all necessary equipment for immediate operations.
Inquiries: Must provide proof of at least $1 million in assets and sign an NDA for consideration.
About the Business
- Years in Operation
- 4
- Number of Employees
- 4
Real Estate
- Owned or Leased
- Owned
- Included in asking price
Listing Info
- ID
- 2368949
- Listing Views
- 1537
Listing ID: 2368949 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