SOLD – Established & Highly-Rated Laundromat in Chambersburg, Pennsylvania
Business Type:
Drycleaning/Laundry Services
Asking Price: 325000.00
Gross Revenue:
160000.00
Cash Flow: 0.00
FF&E Value: 0.00
FF&E Included in Sale: Yes
Inventory Value:
Inventory Included in Sale: Yes
Real Estate Value: $
Real Estate Included in Sale: No
State: Pennsylvania
City/County: Chambersburg
Year Established: 2001
Employees: 2
Listing Number: HZ501AH
Listing Broker: Alan Horn
Broker Contact:
240-394-5089
Broker Email:
alan@horizonbrokers.com
Business Summary:
Excellent opportunity to take over an established and highly rated laundromat in Chambersburg, Pennsylvania. The business has been serving the community for XX years and has a very loyal and stable clientele. There are 23 washers and 22 dryers on site. The washers are Dexter and Speed Queen with an average age of 5-6 years. The dryers are the Alliance brand with an average age of 8-9 years. The equipment has been well-maintained and is in good working order.
This business is in an ideal location and sees a high volume of pedestrian and vehicle traffic. There is limited direct competition and is surrounded by a large number of complementary businesses. Don't miss this chance to buy a turn-key laundromat with a great reputation and room for continued growth!
Description of Facilities:
The business is situated in a neighborhood shopping center with a number of nationally recognized tenants, small local businesses, and ample parking. The 1350 square foot space is leased for $2,535/month (including NNN) and the current lease runs through mid 2025.
Competition:
There is limited direct competition in the market.
Growth & Expansion:
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.
Seller Financing Available:
No
Seller Financing Terms:
N/A.
Reason For Sale:
Owner is retiring.
Seller Support & Training:
Owner will provide training and support to transition the business to the next owner.
Get More Information:
To learn more about this business including the name, location, and financial information please complete and return our Buyers Package, which can also be downloaded here, and returned to us at admin@horizonbrokers.com.
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Excellent opportunity to take over an established and highly rated laundromat in Chambersburg, Pennsylvania. The business is situated in a neighborhood shopping center with nationally recognized tenants, small local businesses, and ample parking.
