Laundromat in Philadelphia County - $250K - $71K Cash Flow, Est. 1985
Executive Overview
Key Investment Highlights
- •Excellent location in a densely populated neighborhood with strong foot traffic, nearby retail, and convenient off-street parking
- •Diverse service offerings, including wash-and-fold, dry cleaning, and minor tailoring services
- •Fully equipped with 29 washers and 21 dryers, catering to both residential and commercial laundry needs
- •Significant upside potential by adding vending machines, soap dispensers, or other revenue streams
- •Turnkey opportunity with both the business and standalone property included in the sale
The laundromat operates daily from 2 PM to 10 PM, efficiently serving local homeowners with large items such as blankets, curtains, and comforters. With a strong reputation built over four decades, the retiring owners leave behind a loyal customer base and a business ready for the next phase of growth. Expansion opportunities exist by targeting commercial clients and extending operational hours, as well as updating equipment to further enhance productivity and profitability.
Buyers will benefit from the rare inclusion of the standalone property in the transaction, providing added security and long-term value. Additional revenue streams can be developed by installing soap and bleach dispensers or introducing more ancillary services. This laundromat stands out as a comprehensive, stable investment in a high-demand area with remarkable growth potential.