Laundromat - Bucks Co.
Location: Pennsylvania > Bucks County > Bucks Co.
Industry: Personal > Coin Laundry
Financials
Asking Price: $425,000
Gross Revenue: $210,000
Cash Flow: $102,050
Inventory: $200 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Business Summary
Well established Laundromat located in a very busy strip center. Full service 1,600 sq ft Laundromat well equipped with 23 Dexter washers – 4 yrs. Old, 4 Wascomat 30 lb. (triple loaders) washing machines, and 1 Dexter 50lb. washer and 16 dryers, water heater 5 years old – energy efficient! 3 vending machines all owned, 1 soda machine, 1 snack machine, and 1 soap dispenser, and 1 dollar/coin change machine.! A video game machine is outside owned and owner takes a portion of quarters. Attendant on premises part time to do wash and fold! This Laundromat is so squeaky clean it shines! Operated with part time owner involvement! Close to both residential and commercial areas, perfect for someone looking to increase the business by advertising. Great opportunity to own a turn key business! Well established Laundromat – Wash and fold service - advertising could double this business! Lots of upside opportunity!
About the Business
Year Established: 1985
Employees: 1 part time
Facilities: 1600 sq. ft. shopping center location
Market Outlook and Competition: no other laundromats in area
About the Sale
Management Training and Support: Owner will stay to help train and support buyer for a smooth transition
Reason For Selling: Retirement
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