Excellent opportunity to take over an established and locally owned laundromat in the heart of York, Pennsylvania. The business has been serving the community for 20 years and remains popular with locals and visitors to this day. This business is in an ideal location and sees a high volume of daily traffic offering increased visibility and exposure. There are favorable demographics for this type of business as well with 90,364 people in 35,967 homes within a 3 mile radius. Don't miss this chance to buy a turn-key laundromat with plenty of opportunity to improve operations, expand services, and grow the business!
- Asking Price:
- $180,000 Furniture / Fixtures included
- Sales Revenue:
- $200,000
- Cash Flow:
- $43,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business is situated in a neighborhood shopping center with a grocery anchor, other nationally recognized co-tenants, and ample parking. The 2,600 square foot space is leased for $2,800/month.
Business Operation
- Expansion Potential:
-
A new owner could grow and expand the business by expanding or adding services like wash 'n fold. There is also room for increased growth by expanding ancillary services like tailoring and garment repair.
- Competition / Market:
-
There is standard competition for the industry and market.
- Reasons for selling:
-
Owner is retiring.
- Employees:
- 2
- Years established:
- 21
Other Information
- Support & training:
-
Owner will provide training and support to transition the business to the next owner.
- Furniture / Fixtures value:
- $100,000 - included in the asking price
