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Portfolio Of Three Laundromats In Philadelphia For Sale

Philadelphia, Pennsylvania, US
Asking Price:
$4,825,000 Furniture / Fixtures included
Sales Revenue:
$3,050,000
Cash Flow:
$992,000

Unique opportunity to own three 7000+ sq ft laundromats in Philadelphia, Pennsylvania. The businesses have been successful as a result of cutting edge management practices, a focus on the customer, and a full immersion into community engagement. This trio of state-of-the-art laundry centers was created with the goal of delivering a high level of customer experience. This includes a dedicated staff, large machines with fast wash/dry cycles that allows for more business while also reducing maintenance and utility costs.

The laundromats are clean, bright, modern, and are in ideal locations throughout the city for this type of business. The concept is highly-rated among customers and each location features modern amenities like WiFi, TVs, vending/snack machines — all of which were implemented to improve the customer experience. Each location also offers an a la carte menu of laundry services like wash/dry/fold and dry cleaning with convenient turn-around times and competitive rates. Please contact us today to learn more about this opportunity!

Property Information

Real Estate:

Lease

Premises Details:

Each laundromat averages 7,000+ square feet and are ideally situated in prominent locations throughout the city. Please inquire for exact locations, precise rent details, lease terms, and available options.

Business Operation

Expansion Potential:

The owner spared no expense in the build out, so the portfolio of laundromats is set up for the next owner to continue growing and expanding the business.

Competition / Market:

There is standard competition for the industry and market, but these laundromats have a number of built-in advantages over a majority of other nearby laundromats.

Reasons for selling:

Owner would like to focus on other business interests.

Other Information

Support & training:

Seller will provide necessary training and support.

Contact Horizon Business Brokers, LLC

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