Laundromat

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Seller:Judy Sweeney

Location:Philadelphia

Listing Num:60828605

Industry:Services: Dry Cleaning & Laundry

Asking Price:$430,000

Year Est.:2007

Employees:1

Yearly Revenue:$168,000

Yearly Cash Flow:$70,000

Yearly EBITDA:$NA

Yearly Net Profit:Not Disclosed

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Has another business & getting married.

Overview of the Business:

Good cash flow. All new; good extras like wash and fold. Owner does not have to be there. Rent $4,500. All new electricity, gas drainage system; bullet proof; vending; lottery security system; view from home; flat screens; internet.

Property Features and Assets:

Rent $4,500. 3,000 sq.ft. feet, (53 washers). Easy drop shop to put in 26 dryers. Budget dry cleaning machine. 1 employee-wash and fold. Open 7 days. Vending Machines, change, TV's, office behind glass.

Market Competition and Expansion:

Competition: None. Growth and Expansion: Keeping wash and fold, dry cleaning, vending, good service.