Laundromat in Philadelphia

This is a well-maintained and organized laundromat business run by the owner of the property who has ran the business for the past 20 years.The business itself is well-established as it was founded 30 years ago. The area of the laundromat is approximately 1280 Sq. feet. On the second floor is a one bedroom apartment which is currently being rented. Economically efficient LED lights along with durable and anti-slip epoxy flooring. Located in a business area, this business receives heavy foot traffic as it is located in a well-populated area with a diverse range of customers. The laundromat has high efficiency machines, all washer machines have VFD (Variable Frequency Drive Systems) which assists in water conservation, all in all this is an excellent and manageable business. Reason for selling is retirement and passing of ownership to a dependable buyer.
Geography: State:Pennsylvania  County:
Asking Price: $650,000
Cash Flow: $100,000
Down Payment: $200,000
Franchise: -
Reason for Selling:
Re Inc.: Yes

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