Laundromat for Sale in Pennsylvania - 36586

Financing

$250,000 Down and

Business Description

A well-established, full-service laundromat in Philadelphia County is now available for purchase. After 40 years of operation, the owners are retiring leaving behind a business that caters to homeowners with full-size blankets, curtains and comforters, an extensive wash-and-fold service, heavy-duty stain removal, large-capacity coin-operated washers and dryers, dry cleaning, and minor tailoring. The laundromat operates from 2 PM to 10 PM, seven days a week, and features 29 washers and 21 dryers. They also leave behind a business that promises so much growth by installing the typical revenue-generating features such as soap and bleach dispensers and vending machines. Adding focus to the coin operation by installing new washers, by expanding the hours of operation, by reaching out to public workers and local uniformed workers or to commercial businesses that require heavy duty wash capability. Given the dense population, nearby retail activity, and off-street parking, the potential for growth is substantial. The business and standalone building are being sold together, as The property is separately available by the owner and must be sold as well. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.